Audi deliveries fell 19.7% in the third quarter

Audi delivered 314,905 cars in the third quarter, 19.7% fewer than in the same period last year.

The company is part of Volkswagen and is based in Ingolstadt, Germany.

The decline was sharper than in the second quarter, when deliveries fell by about 8%.

In the first nine months of the year, Audi delivered 1.04 million cars, down 11.4% from a year earlier.

Deliveries were slightly higher in Germany and Europe, but sales fell by nearly a quarter in China and about a sixth in the United States.

Audi said competition, a weaker Chinese market, US tariffs and changes to the A1 and Q2 models contributed to the decline.

Audi has no production of its own in the United States, making the tariffs especially difficult for it.

The figures show a continuing downturn: Audi delivered nearly 480,000 cars in the third quarter of 2023.