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Earnings impacted by US import tariffs.
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The move comes as CEO Antonio Filosa works on a turnaround plan aimed at helping the carmaker recover market share in both the US and Europe.
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The two companies have failed to agree on the valuation of Rohm.
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E7X is the second production model developed for the AUDI brand in China.
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The Ioniq V was developed by Beijing Hyundai and tailored for the Chinese market.
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The production model Smart #2 is set to make its world premiere at the Paris Motor Show in October 2026.
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Net loss increased to $3.81bn from $102m.
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At its Ingolstadt headquarters in Germany, the carmaker will begin producing the Q3 from mid-2026 and is preparing facilities for the A2 e-tron, a forthcoming electric model.
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