German automaker Audi reported a 342% YoY rise in Q3 operating profit to 468 million euros ($502 million), up from 106 million euros ($114 million) a year earlier. Revenue increased 3.2% to 15.8 billion euros ($17.0 billion). The improved profitability came despite a 2.5% decline in global vehicle deliveries to 397,053 units, reflecting the company’s strategy of prioritizing higher-margin vehicles. However, Audi lowered its 2025 profit margin guidance to a range of 4-6%, down from its previous 5-7% outlook, citing U.S. tariff impacts and costly electric vehicle transition expenses.