Audi Resists US Price Hikes as 19% Sales Drop Adds to Tariff Woe

Volkswagen AG’s Audi won’t increase prices in the US in July after its sales there nosedived in the second quarter.

The German brand’s deliveries in the lucrative market fell 19% in the three months through June, the sixth consecutive quarterly decline there. Audi cited a challenging economic environment as well as model changeovers for the drop.