Audi CEO is anticipating tariff clarity in the coming months

Driving the news: Audi CEO Gernot Doellner expects the ongoing EU-US trade talks to provide some clarity on car import tariffs soon, reports Reuters.

For context: European carmakers are currently getting slammed with a hefty 25% tariff when selling vehicles to American customers, forcing many to yank their 2025 financial forecasts.

What we're watching: Doellner confirmed Audi will make a decision about potential U.S. production this year. And they're currently weighing either building their own plant or using existing Volkswagen facilities. 

Between the lines: Audi recently reported a healthy 12.4% revenue increase in Q1 (reaching €15.43 billion or $17.14 billion), driven largely by a 30.1% jump in electric vehicle sales. However, the company excluded any potential tariff impacts from its full-year guidance of €67.5 - 72.5 billion ($74.96 - 80.52 billion) in revenue.

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