Audi CEO warns Europe's auto industry must fundamentally change as A2 e-tron launched

Audi CEO Gernot Döllner states Europe's automotive industry must undergo fundamental change to survive, citing cost pressures and a potential German factory closure. The company is countering with the A2 e-tron, a small electric car developed in record time to boost volume. This signals intensifying competitive pressure on European automakers from cost and EV transition challenges.