Volkswagen's (VOW3 GY) Audi CFO says they do not currently intend to pass on any further price increases to consumers within the US

Volkswagen's (VOW3 GY) Audi CFO says they do not currently intend to pass on any further price increases to consumers within the US.

Audi's CFO stating they won't impose further price increases in the U.S. implies a stable pricing strategy that may boost consumer confidence amidst ongoing inflationary pressures. This could positively influence Audi's market share in a competitive landscape, impacting not only Volkswagen's stock performance but also the broader auto sector's outlook within the EURO STOXX 50 given the cost-sensitive nature of consumers right now.