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Report – Audi planning on cost reduction plan hike


According to sources that have knowledge of the company’s plans, Audi wants to offset increased technology spending with a cost reduction strategy that would see savings of up to 2 billion euros ($2.5 billion) annually. Just a hair behind BMW in recent months, Audi is the world’s second-biggest premium automaker and mulls to become top dog even as the executives implement ...
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latest automotive news
Marussia to join Caterham in administration – report
Oct.26 (GMM/Inautonews.com) Marussia looks set to join Caterham in entering administration, the Daily Mail reports on Sunday. After Bernie Ecclestone ...
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Lotus to keep Grosjean, test 2015 nose
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Caterham can miss Austin-Brazil double header
Oct.25 (GMM/Inautonews.com) Caterham is allowed to sit out the next two grands prix while it fights for survival. As administrators ...
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