Audi said it will present a plan in May to rebound the company after falling behind rivals Mercedes-Benz and BMW. The German car maker will be outlining a new strategy as the brand readies itself for challenges from high spending on electric cars and new emissions tests in Europe. Automotive News reports that the luxury auto manufacturer's return on sales last year plummeted to 6 percent from 7.8 percent and global deliveries declined to 1.81 million, down 3.5 percent on 2017, with European sales plunging 14 percent.

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