Audi India retail sales at 2,128 units in H1 2025 amid market challenges
Despite these headwinds,
Audi India
remains optimistic about a recovery in the upcoming festive season, citing rising customer aspirations and new product launches. The company continues to focus on a 'luxury-first' approach, enhancing customer experiences and deepening brand loyalty.
'H1 2025 presented unique market challenges, but we've used this period to fortify our foundation for long-term growth,' said Balbir Singh Dhillon, Head of Audi India. 'We expect to see momentum in H2 2025, backed by new models, a digital-first strategy, and strong customer engagement.'
Audi Approved: plus shows resilience
Audi's pre-owned vehicle business, Audi Approved: plus, showed resilience with a 10 per cent growth in the first half of 2025. The network currently operates 26 facilities, with more planned through the year to cater to the growing demand in the luxury used car market.
On the sustainability front, Audi India expanded its 'Charge My Audi' EV charging network to over 6,500 points across the country, enhancing convenience for its electric vehicle customers.
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Time of India
an hour ago
- Time of India
Integration to emigration: Why do migrants leave Germany?
"Everything that brought me to Germany was no longer there, and at some point I thought, that's enough — I don't want my children, if I ever have any, to grow up in this country." Giannis N, who preferred not to give his last name, left the Greek island of Samos at the age of 18 to study civil engineering in Germany. Tired of too many ads? go ad free now He was drawn to Germany due to its strong reputation for offering equal opportunities and upholding social justice. In 2020, with a master's degree in hand, he decided to return to his homeland after 16 years. He worked in the western German city of Essen as a project manager in the private sector and later as a civil engineer building bridges in the public sector, before eventually trying his luck as a freelancer. "I did everything I could to build a life there, but I kept running into barriers," the now 39-year-old told DW. He recalled one striking example: "I was working on a construction site, and the client refused to pay the final invoice — over 100,000 euros," he said. "His response was: 'I won't let you get rich here in Germany.'" Giannis said it was a clear expression of resentment toward his foreign background. For him, it was the feeling of never truly being accepted that ultimately led him to leave. Giannis finally made the move after realizing that, no matter how well integrated he was, he would always be seen as "the Greek." "First you're the lazy Greek at university, then the corrupt Greek at work. I'm proud to be Greek — but the mindset behind it eventually became toxic for me," he said. 25 percent of migrants think of leaving Germany The very barriers Giannis N faced in Germany are echoed in a new study published by the Institute for Employment Research. Based on a survey of 50,000 migrants who moved to Germany between the ages of 18 and 65, the study found that one in four was considering leaving. Tired of too many ads? go ad free now Asylum-seekers, who do not yet have recognized residence status in Germany, were excluded from the study. The survey, carried out between December 2024 and April 2025, showed that those most likely to leave are highly educated, successful and well-integrated — the very people Germany needs most. According to the study, intentions to emigrate from Germany are "the result of a complex interplay of individual characteristics, social integration, economic [reasons], and perceived societal acceptance." Respondents also cited family, political dissatisfaction, high taxes and bureaucracy as reasons for wanting to leave. Just over a quarter of people living in Germany have a migration background. Around 6.5 million people have come to the country since 2015 alone, many of them Syrians and Ukrainians. Without German skills, you live 'like a ghost' Utku Sen, a 33-year-old cybersecurity engineer, also left Germany after three years — driven by a similar sense of exclusion. Describing his first year in Berlin as "a honeymoon," Sen told DW he later realized how tough life could be for a newcomer without strong German skills. "As a Turkish person, I always felt like a second-class citizen. I thought becoming part of the German community would take decades — maybe it would never happen at all," he said. Soon after posting a YouTube video in Turkish about everyday discrimination in Germany — which drew nearly half a million views — Sen moved to London. In the video, he compared life in Germany to ' character in "The Sixth Sense": "There is a life out there apart from you, and you don't belong to it. You wander around it like a ghost. Other people aren't even aware that you exist, and you can't connect with them either," he said. Sen said being able to communicate in English made his life much easier in London. "Unlike Germany, British people are generally more open to and accepting of foreigners and different cultures. I haven't experienced any discrimination here. This has made me feel like a part of society and has increased my love for it," he said. Fluent German doesn't always help According to Kalina Velikova of Bulgaria, even speaking the language fluently doesn't necessarily break down the barriers in Germany. Velikova, 35, who spent nine years in Bonn studying and working in social work, said she first felt excluded during her university years — despite speaking perfect German. "I'll never forget how long it took people to let me in — even just as a fellow student. I'd talk to someone one day, and the next, they'd act like they didn't know me. That just doesn't happen where I come from," she said. Over time, the constant sense of social distance began to affect her. "I started becoming colder. I felt like I was developing an allergy to Germany — and I didn't want that." In 2021, Velikova left Bonn for Sofia, where she now works as a project manager. "Of course, there are also daily struggles here," she said. "But overall, my quality of life has improved — even though I earn less and work more." Germany walks 'a very fine line' on migration For economist Christian Dustmann, director of the Rockwool Foundation Institute for the Economy and the Future of Work in Berlin, language remains a key factor in integration. He emphasized that learning German is essential — not just for the labor market and businesses, but for migrants themselves. At the same time, Dustmann argued that the perception of an unwelcoming atmosphere is not unique to Germany. "If you did that [survey] in the UK, responses would probably not be all that different from what you hear in Germany," he said. Dustmann also noted that the more immigrants a country receives, the more concerns arise among the resident population. "That may lead to a culture which some immigrants perceive as unwelcoming," he said. A 2024 study by the Bertelsmann Foundation found that public concern about migration in Germany is on the rise — a trend mirrored by the growing support for the far-right Alternative for Germany (AfD), which capitalized on migration anxieties in Germany's February 2025 election, where it became the second-strongest party. Many people in Germany are increasingly worried about potential negative consequences of migrants coming to Germany, such as rising costs for the welfare state, housing shortages in urban areas, and growing challenges within the school system. In Dustmann's view, "politics has to walk a very fine line — between not overstretching the resident population, which then also gives space for right-wing populist parties, and at the same time being welcoming to newcomers who are also important parts of the economy and society." Beyond policy, cultural change is needed While politics must balance social cohesion and openness, Anastasios Penolidis believes real change goes deeper. The refugee camp field manager, who moved to Germany seven years ago, said educating the broader society is essential to addressing the challenges migrants face. "More political and social education, new institutions to combat phenomena like racism and lower taxes for low-income earners," he said, listing off what he thinks is necessary. Penolidis added that he can barely make ends meet, despite both he and his girlfriend working full-time. He criticized the high tax rates for unmarried individuals without children, calling them unfair and demotivating. The 33-year-old said he has recently been considering a return to Greece, citing tax policies and the structural racism he continues to face as major concerns. Yet Penolidis isn't without hope. If meaningful change occurs, he said he would like to stay in Germany and start a family. For him, that future depends not just on better policies, but on a deeper shift in how Germany's society sees and supports those who choose to call it home.
Time of India
2 hours ago
- Time of India
European renewable energy companies' shares rise after revised US senate bill
Shares in European renewable energy companies rose on Wednesday after the U.S. Senate passed on Tuesday a revised budget bill that was more positive for the wind industry compared to an earlier version. "Last-minute changes provide significantly better conditions for the wind industry compared to the previous draft," Sydbank analysts say in a research note. Shares of Danish wind turbine manufacturer Vestas were up around 9per cent at 0745 GMT, while its German peer Nordex rose some 3 per cent. Danish offshore wind developer Orsted and Portuguese renewable energy firm EDP Renovaveis were up between around 3per cent and 4 per cent. German utility RWE, which is also the world's second-largest developer of offshore wind farms, inched about 1per cent higher. German solar power parts supplier SMA Solar jumped about 9per cent to its highest price since March.
Mint
4 hours ago
- Mint
Euro zone bonds steady ahead of ECB speakers, shrug off Trumps bill
LONDON, - Euro zone government bond yields were steady in early trading in Europe on Wednesday, taking their lead from Treasuries, which barely reacted to the passing of U.S. President Donald Trump's landmark tax and spending bill. Two European Central Bank policymakers warned on Tuesday about the hit from a further appreciation of the euro on a weak euro zone economy that is bracing for U.S. tariffs. The 90-day pause Trump activated following the market chaos unleashed by his April 2 "Liberation Day" tariff announcement expires in a week. ECB President Christine Lagarde said this week the euro zone is facing increased volatility in inflation, which will mean the central bank will have to act more forcefully to keep price pressures around its 2% target. German two-year yields, which tend to be the most sensitive to changes in rate expectations, were up less than 1 basis point on Wednesday at 1.852%. Benchmark 10-year Bund yields rose 1 bp to 2.577%, in line with 10-year Treasuries, which held at 4.255% , near their lowest since early May. Money markets show traders expect just one more rate cut this year from the ECB, which would bring the benchmark deposit rate to around 1.8%, from 2% right now. Lagarde speaks later on Wednesday, delivering the closing remarks at the ECB's Forum on Central Banking in Portugal. ECB board members Luis de Guindos, Piero Cipollone and Philip Lane will also speak during the day. Italian 10-year yields rose 2 bps to 3.489%, bringing their premium over Bunds to 90.5 bps, according to LSEG data. The spread is close to its lowest in a decade. This article was generated from an automated news agency feed without modifications to text.
