Audi launches third model under new China brand

German automaker Audi is preparing to introduce a third vehicle model next year under its newly established Chinese brand. This strategic move, developed in partnership with local manufacturer SAIC Motor Corp, aims to bolster Audi's market presence in China. The company is actively seeking to regain lost market share by tailoring its offerings to the specific demands of the Chinese automotive market, signaling a renewed focus on this crucial region.