Audi Flags Trump Tariff Plan as Threat to Carmaker’s Outlook (1)

Volkswagen AG’s Audi warned that US President Donald Trump’s push for higher tariffs on European cars may weigh on its financial performance this year.

The German automaker on Tuesday confirmed its annual outlook but added that it hasn’t yet factored in the impact of an escalating war in Iran or the prospect of raised US import duties.

The tariff risk “is of course still very recent and at the moment not yet confirmed,” Chief Financial Officer Jürgen Rittersberger said on a call with reporters. “We’re still evaluating a potential impact, but it’s clear it would be a significant ...