Audi’s 2020 outlook ‘significantly below’ last year amid coronavirus

FRANKFURT (Reuters) – Audi , a unit of Volkswagen , said on Thursday it saw deliveries, revenue and operating profit “significantly below” last year as the coronavirus outbreak plays out.

The grim outlook comes after deliveries of cars dropped 21.1% in the first quarter.

(Reporting by Tom Sims; Editing by Riham Alkousaa)