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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AT&T sets its future course after Q4 earnings - Business Insider - Business InsiderAT&T's mediocre Q4 2019 earnings shed light on the company's plan to intertwine its media and connectivity businesses while reducing its debt. super!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Omaha World-Herald union blasts Warren Buffett over newspaper sale - Business InsiderBuffett sold the paper to an 'out-of-state company that has all the nonsense national chains are known for,' the Omaha World-Herald Guild said.
Source: BusinessInsider - 🏆 729. / 51 Read more »