audi aims to reduce the number of engine types by one third frankfurt volkswagens premium auto brand audi plans to eliminate one layer of management or about 10 percent of the divisions executive positions in a cost cutting drive the units chief executive told daily handelsblatt one thing is clear our cost base is too high audi ceo bram schot was quoted as saying he reaffirmed a target for a total of 15 billion euros 17 billion in cost savings through 2022 audi said in december it would invest 14 billion euros through 2023 in electric mobility digitalisation and autonomous driving advt the division is at risk of losing its position as vws leading development centre as the parent explores potential technology alliances with ford and other rivals audi aims to reduce the number of engine types by one third and it is also in talks with shop stewards about stopping the night shift at its ingolstadt factory schot was quoted as saying by handelsblatt reuters published on feb 21 2019 at 1042 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app autonoumous driving audi bram schot electric mobility volkswagen digitisation homenewsindustryvws audi to cut 10 percent of management positions ceo