Audi and Hyundai said they will cooperate on developing fuel cell vehicles. The agreement will give Audi and other brands in the Volkswagen Group access to parts that are based on Hyundai's development of the ix35 Fuel Cell and its successor, the Nexo.
Volkswagen is preparing to name Bram Schot as interim leader of its Audi unit, Bloomberg reported, following the arrest of the luxury brand's longtime chief Rupert Stadler over his role in VW's diesel-emissions cheating.
VW Group's supervisory board will discuss an investigation by German prosecutors into Audi CEO Rupert Stadler, as the automaker weighs how to tackle the latest fallout from its emissions scandal, Reuters reported.
Audi introduced the production version of its new crossover, the Audi Q8, during a brand summit in Shenzen, China, featuring a suite of new technology features, with plans for an autonomous parking system.
The Volkswagen brand's U.S. sales rose 4 percent in May, powered by new and redesigned crossovers. Audi deliveries inched higher, fueled by sales of the A4 sedan and Q5 crossover, extending the luxury brand's streak of year-over-year sales gains to 103 months.