Retail

Normal sales levels two years away, says Audi CEO

October 19, 2020 04:00 AM

Audi is benefiting from a surge in China demand, but it won't offset losses suffered during lockdowns around the world caused by the coronavirus pandemic, CEO Markus Duesmann said. The 51-year-old executive also ruled out a move to Wolfsburg to take on a bigger role within Audi's parent, Volkswagen Group. He discussed these topics with Frank Johannsen, a reporter with Automobilwoche, a German sibling publication of Automotive News. Here are edited excerpts.

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