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 Audi cut its revenue forecast for the year, blaming volatile currency markets, The automaker forecast that its revenue will stagnate compared with 2015 due to "challenging" conditions.

The pessimistic outlook from Volkswagen Group's flagship luxury division came a day after it scaled back its profitability forecast.
 
Audi said that 2016 revenue may now be on a par with last year's 58.4 billion euros ($63.76 billion), whereas it had previously forecast a moderate increase.


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Trouble In Paradise? Volkswagen's Cash Cow Audi Warns Of Revenue Shortfall

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