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Audi's 2020 outlook 'significantly below' last year amid coronavirus - Metro US

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

A man walks next to an Audi logo during the MQ! Innovation Summit at the Phoenix Center in Beijing

FRANKFURT (Reuters) – Audi <NSUG.DE>, a unit of Volkswagen <VOWG_p.DE>, 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)

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