SEOUL, Sept. 5 (Korea Bizwire) – Audi, once a dominant player in South Korea’s imported car market, is facing a series of challenges that threaten its position in the country. The German luxury automaker, previously part of the “Big Three” German premium brands alongside BMW and Mercedes-Benz, is grappling with plummeting sales and the closure of [...]
SEOUL, Aug. 30 (Korea Bizwire) — Audi Korea announced on Tuesday the launch of the 2023 versions of the Q4 40 e-Tron and Q4 Sportback 40 e-Tron all-electric compact SUVs. The Q4 40 e-Tron and Q4 Sportback 40 e-Tron offer a single-charge range of about 410 kilometers each. This marks an increase of 43 kilometers for [...]
SEOUL, March 22 (Korea Bizwire) — South Korean Audi dealers are voicing strong opposition against inflated sales targets, claiming that Audi Korea is igniting a game of chicken among dealers by setting high sales targets without considering market conditions. According to industry sources, the South Korean unit of the German carmaker set this year’s sales [...]
SEOUL, Sept. 6 (Korea Bizwire) — Audi Korea said Tuesday it will add an all-electric compact SUV model to its lineup in South Korea to better compete with its rivals in the burgeoning local EV market and boost sales. Audi will begin to deliver the Q4 e-tron 40 SUV and its sportback version on Sept. [...]
SEOUL, July 1 (Korea Bizwire) — Audi Korea on Wednesday launched its first all-electric sport utility vehicle model in South Korea as it strives to boost sales amid the new coronavirus outbreak. The Audi e-tron 55 quattro SUV went on sale in European markets in March last year and then in the United States and [...]
Ingolstadt/Paris, May 28 (Korea Bizwire) - Capgemini and Audi today announced the launch of their joint venture – XL2. Following regulatory approvals, the company was founded at the end of April. It will provide digital technology and consulting services, namely in the fields of SAP S/4HANA® and cloud services primarily for Audi and the entire Volkswagen Group. XL2 combines an agile start-up [...]
SEOUL, May 23 (Korea Bizwire) — Audi Volkswagen Korea said it suspended sales of its latest A6 gasoline-powered sedan starting Friday at the request of its German parent company. “We are checking with Audi’s German headquarters over the reason for the suspension request,” a Seoul-based spokeswoman for the carmaker said over the phone. The sales [...]
SEOUL, Aug. 20 (Korea Bizwire) — South Korea will ban domestic sales of eight models of Audi, Volkswagen and Porsche diesel cars for violating emissions regulations, the Ministry of Environment said Tuesday. The ministry said it will also slap fines on Audi Volkswagen Korea and Porsche Korea and seek a prosecution investigation. The ministry’s probe [...]
SEOUL, Sept. 6 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 9.5 percent in August from a year earlier on strong demand for German cars, industry data showed Thursday. The number of newly registered foreign vehicles stood at 19,206 last month from 17,547 a year ago, the Korea Automobile Importers and Distributors [...]
SEOUL, Jul. 26 (Korea Bizwire) — Audi Korea will be selling around 3,000 new models of its A3 vehicle at a discount of approximately 40 percent. If followed through, the limited promotional offer would lower the price of A3 models to around 24 million won, which is on par with prices of domestic cars such [...]