VW unit Audi says sees stable '04 earnings
INGOLSTADT, Germany (Reuters) - Germany's Audi said on Wednesday [Feb 25th] pre-tax profit fell over 11 percent to 1.11 billion euros ($1.4 billion) in 2003, meaning Volkswagen's luxury unit alone generated over 70 percent of VW's profits.
GoFastKindaGuy
'18 McLaren 720S, '18 Audi R8 V10 Plus, '18 Porsche Turismo Sport Turbo, '12 Cayenne Turbo, '04 Carrera GT
Wow! That is huge considering how much of an automotive GIANT the VW corporation is!
VAG should ditch Skoda and Seat. Do some hedging with the USD and improve build quality/reliability across for group.
VW's Audi says March sales up 13%
FRANKFURT (Reuters) - Volkswagen AG's premium unit Audi AG posted a 13 percent rise in vehicle sales in March despite the lack of its key 2004 model launches, the company said on Friday.
GoFastKindaGuy
'18 McLaren 720S, '18 Audi R8 V10 Plus, '18 Porsche Turismo Sport Turbo, '12 Cayenne Turbo, '04 Carrera GT
I bet that's something to do with the Chinese market that Audi recently entered. Smart move by Audi!Originally posted by GoFastKindaGuy
VW's Audi says March sales up 13%
FRANKFURT (Reuters) - Volkswagen AG's premium unit Audi AG posted a 13 percent rise in vehicle sales in March despite the lack of its key 2004 model launches, the company said on Friday.
I'm not sure if Mercedes and/or BMW have caught onto the middle class Chinese market?
Only if you consider '88-'89 recently...Originally posted by Klint
I bet that's something to do with the Chinese market that Audi recently entered. Smart move by Audi!
I'm not sure if Mercedes and/or BMW have caught onto the middle class Chinese market?
Have a look for the date of the news articleOriginally posted by remedy
Only if you consider '88-'89 recently...
http://news.bbc.co.uk/1/hi/business/3562159.stm
And it does look like both Mercedes and BMW are in China too.
Doesn't change the fact that Audi 100s and 200s were produced in China in the late 80s and 90s. Then they moved on to the A6 and now the A4.Originally posted by Klint
Have a look for the date of the news article
http://news.bbc.co.uk/1/hi/business/3562159.stm
And it does look like both Mercedes and BMW are in China too.
http://www.audi.com/com/en/company/p...hina/china.jsp
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