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Audi Ponders Killing Q8 EV Early to Restructure Brussels

The Truth About Cars

Porsche, which is likewise owned by Volkswagen Group, has also seen a decline in demand for its flagship EV. But it’s been discussing further commitments toward electrification , whereas Audi appears to be signaling that things might be more complicated in Belgium. It also noted that demand was segment specific.

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Volkswagen plans more cost cuts amid lower deliveries and waning EV demand

Baua Electric

Audi , a key profit center, earlier this month lowered its profitability goal after sales slumped. Carmakers including VW are confronting a weakening market, with Renault , Nissan and Stellantis all reporting a slump in profit for the first half of the year. New models assist 2H, bar Porsche which is hit by 911 supply constraints.

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Europe January 2021

EV Sales

While the XC40 PHEV major market was Germany (573 units), there were several others also helping in significant volumes, like the Netherlands (367), France (357), the UK (350), Belgium (434) and Italy (399). #2 but with also the flagship Teslas redesign and the Porsche Taycan lineup expansion (RWD, Cross Turismo.), and CCS!),

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Europe April 2021

EV Sales

Interestingly, if in April the overall market was up 23% YoY, something that would be expected, after all, 12 months ago markets were all being disrupted by the Covid pandemic, if we compare April '21 with April '19, the overall market was down 25%, which says a lot on the current electrification process. 2 Volkswagen ID.3

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