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Latest Stories in Industry News

Audi Supplier Defrauded of $45 Million

by on 16 August 2016 in Fourtitude News Industry News

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One of the world’s largest OEM parts suppliers, Leoni, announced today in a statement that they have been defrauded of roughly 40 million euros ($45 million). The company supplies automakers like Audi and VW with wiring systems, such as wiring harnesses and fuse boxes. The company wrote in its statement that it had “become the […] More…

Volkswagen AG, CARB to Begin Testing Possible Diesel Fix

by on 2 August 2016 in Audi News Fourtitude News Industry News

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Reuters reports that Volkswagen and the California Air Resources Board (CARB) plans to test hardware and software that could help the German automaker avoid buying back nearly half-a-million vehicles in the U.S. According to Air Resources Board Chair Mary Nichols, the agency is working with Volkswagen to test potential fixes that would apply to three generations of […] More…

Audi A6 Earns JD Power APEAL Award

by on 27 July 2016 in Audi News Fourtitude News Industry News

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JD Power has released the findings of its annual APEAL study and the Audi A6 is among the segment winners. Short for Automotive Performance, Execution and Layout Study, the study looks at what cars are the most appealing to owners. The study confirms that, among other things, safety features are some of the most appealing […] More…

Audi’s New Strategy to Focus on Electric Cars, Mobility Services

by on 19 July 2016 in Audi News Industry News

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Audi will be rolling out a new strategy on Wednesday which will focus the company’s efforts on building more electric vehicles as well as creating an on-demand premium mobility service for the automaker to profit from directly. According to a report by Reuters, Audi CEO Rupert Stadler will outline the new business plan to more than 2,000 managers at […] More…

Volkswagen AG to Pay California Another $86 Million

by on 7 July 2016 in Fourtitude News Industry News

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Volkswagen AG will pay an additional $86 million in civil penalties to California because of the emissions scandal, reports Reuters. The new fine was revealed in a statement from state Attorney General Kamala Harris. The fine resolves certain claims California officials made against VW under state and federal unfair competition laws. “We must conserve and […] More…

Audi Wins Digital Economy Award

by on 6 July 2016 in Fourtitude News Industry News

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Thanks to its advanced production processes, Audi took first place in the Company 4.0 category at the Digital Economy Awards in Bonn last night. The award was presented by Initiative Deutschland Digital, an inter-industry network that celebrates the digital transformation of the German economy. These were the first Digital Economy Awards, but Audi’s maxim of […] More…

Audi Expects Q2 to Spark Rival Models

by on 28 June 2016 in Audi News Industry News

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Audi is out to create a new niche segment with the upcoming Q2 compact SUV. But it doesn’t expect the new model be alone in the market for long. According to a report in British motoring magazine Autocar, the German premium brand believes its rivals are working on competing models – and will bring those to […] More…

Audi-Owned HERE Important for More than Just Self-Driving Cars

by on 27 June 2016 in Audi News Fourtitude News Industry News

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Last year Audi, Mercedes, and BMW announced that they would be jointly buying mapping company HERE as a way to help improve self-driving technology. Now, though, Forbes reports that it could help with substantially more than that. HERE was a company primarily known for its mapping technology when it was purchased for $3 billion from […] More…

Audi SQ5 Gets 30 More HP Thanks to Electric Compressor

by on 14 June 2016 in Audi News Fourtitude News Industry News Rumors, Renders & Spy Photos

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Reports are surfacing that Audi’s new SQ5 will be powered by a 3.0L diesel stuffed with the latest Audi tech, that is likely to give it 365bhp. That’s 30 more horses than the outgoing SQ5 Plus that currently tops the range. Audi’s powertrain boss, Oliver Hoffman, tells Autocar, though, that the engine could produce up […] More…

Demand for Audi SUVs Helps Boost Sales in May

by on 9 June 2016 in Audi News Industry News

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It was the SUVs that led the way. Audi sold a total of 164,150 cars in May in markets all around the world – an increase of 6.7 percent over the same month last year. Driving sales, though, was the popularity of Audi SUV models such as the Q7, which saw a boost in units sold at […] More…

Petrolicious Profiles Tim Pappas’ Audi Sport Quattro

by on 14 March 2016 in Industry News

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As the owner of a RUF CTR Yellowbird, an Audi Sport Quattro, a Lancia Delta S4 Stradale and IMSA WeatherTech Sport Car’s Black Swan Racing, Tim Pappas is a very fortunate individual.  Over the past week, Petrolicious has worked incredibly hard to make that painfully apparent, and after just two pieces on specific pieces of Pappas’ collection (with more notworthy […] More…

Audi Applauds German Government’s Interest in Tax Incentives for Electric Vehicles

by on 10 March 2016 in Industry News

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Following the news yesterday that the German Government is moving towards tax incentives to encourage the sale of electric cars, Audi AG is affirming its support for the measures. Bloomberg reported yesterday that following months of arguments on the topic, tax breaks on electric vehicles are coming out as the likely method of incentivizing the […] More…