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Volkswagen, Audi join industry movement to quarterly sales reports - Business Insider

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Monthly sales reports fall even further by the wayside in the car industry as Volkswagen, Audi join the movement to quarterly reporting

reported Audi's switch to quarterly updates on the same day, meaning both Audi and Volkswagen will put out their first reports of the year in April instead of in a few days.

Audi of America gave a similar spiel, with the company's president, Daniel Weissland, saying it's time for "a move that will provide a more transparent look at our business as we consider our long-term strategic goals." "Increased consistency from quarterly reporting versus reporting on a shorter term strengthens our operations, which ultimately benefits our dealer partners and our customers," Weissland said.

Audi and Volkswagen are the latest automakers to join the movement to quarterly reports for US sales,

 

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