Audi has sharply reduced its full-year revenue outlook, projecting sales of €58 billion to €63 billion for 2026.

The new range represents a €5 billion downward revision from the forecast issued in April, signaling significant headwinds for the Volkswagen Group's premium division.

Alongside the revenue cut, the company indicated that its return on sales would likely settle around 5%, reflecting the strain on margins.

The adjustment follows what Audi described as its weakest first half since 2021.

Alongside the revenue cut, the company indicated that its return on sales would likely settle around 5%, reflecting the strain on margins.

The downgrade underscores the difficulty premium automakers face in maintaining pricing power amid cooling demand in key European markets.

This development adds to a challenging period for Volkswagen Group, which recently reported a 32.9% year-on-year drop in second-quarter net income to €1.54 billion.