Audi expects pre-pandemic sales levels by 2022-23

Audi Duesmann web 2.jpg — Audi is banking on rising demand for EVs but CEO Markus Duesmann, pictured, conceded that Tesla has a significant technological lead in several areas.

R

By:

Reuters

July 23, 2020 06:53 AM

FRANKFURT -- Audi expects car sales to reach pre-COVID-19 levels only by 2022 or 2023, CEO Markus Duesmann told a German business daily.

Featured Stories

Nissan’s next CEO Ivan Espinosa opens up on what makes him tick

Nissan’s next CEO Ivan Espinosa opens up on what makes him tick

GM expanding use of regional hubs to pool inventory for dealers

GM expanding use of regional hubs to pool inventory for dealers

Trump says auto tariff coming, teases reciprocal duty breaks

Trump says auto tariff coming, teases reciprocal duty breaks

Hyundai Motor Group’s new $6B steel mill in Louisiana will help reduce tariff exposure

Hyundai Motor Group’s new $6B steel mill in Louisiana will help reduce tariff exposure

Latest News

Scammers are pushing auto loan fraud to record levels

Daily 5 report for March 25: Questions about Elon Musk unanswered by Tesla’s board chair

Aston drops the top on Volante with twin-turbo V-12 roadster

China’s Fuyao Glass to expand float glass output at Illinois factory

Staying current is easy with newsletters delivered straight to your inbox.

See More in Sales

Europe sales drop as economic uncertainty weighs on buyers

European car sales fall 3% in February despite gains at VW, Ford, BMW and Renault

February auto sales dip slightly, but consumer spending is up

Hyundai, Kia set 5th straight record sales in February; Ford, Toyota, Honda deliveries fall

Staying current is easy with newsletters delivered straight to your inbox.