Latest Automotive News

Subscribe in a reader





Audi's 1st half profit soars on improved sales in China, US and Russia

Email   small font medium font large font

Google
 
Web AutoNews24h.com

FRANKFURT, Germany (AP) _ Luxury car maker Audi A-G says its sales and profit soared during the first half of the year.

The unit of Volkswagen A-G says the results put it on track to a 12th consecutive year of record results.

The company says it earned nearly 927 (m) million dollars U-S in the first six months of 2007.

That's a nearly 67 per cent gain over what it earned in the same period last year.

Sales rose by more than 12 per cent to a record 23.75 (b) billion dollars on solid gains in China, the U-S and Russia.

Audi C-E-O Rupert Stadler says the company is on track to meet, and in some cases, exceed its sales goals for the year.

Receive the latest automotive news by email!

Enter your email address:


Related news
FRANKFURT, Germany (AP) _ Volkswagen says its profit in the first six months of 2007 rose by more than 65 per cent. Europe's biggest automaker by sales says it earned 2.69 (b) billion ...
FRANKFURT, Germany (AP) _ German automaker Audi AG said Tuesday consumer willingness to pay for luxury models helped boost its net profit by more than a third in the first half of ...
FRANKFURT, Germany (AP-CP) _ Luxury automaker Audi AG sold more than 500,000 cars in the first half of this year, its best performance to date, the company said Thursday. The Ingolstadt-based unit of ...
FRANKFURT, Germany (AP) _ Volkswagen AG said Wednesday its flagship VW brand swung to an operating profit in the first quarter and earnings from its premium Audi brand rose 16 ...
FRANKFURT, Germany (AP) _ Car maker Audi AG, the luxury arm of Volkswagen AG, said Thursday that demand for its A3 and A6 models helped push up sales in June and throughout ...
Fiat SPA reported Thursday that its net profit soared in the fourth quarter as the core auto division posted a nearly five-fold earnings gain, allowing it to pay a dividend ...
PARIS (AP) _ French carmaker Renault SA said Wednesday that its first-half earnings fell 20 per cent as car sales in Europe dropped and exports were hurt by the strong euro. Chief executive ...
PARIS (AP) _ Renault SA's chairman said the French automaker, which posted a 36 per cent fall in first-half net profit Thursday, was performing far below its potential. ``I consider ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!


Audi's 1st half profit soars on improved sales in China, US and Russia
> © 2006-2017 AutoNews24h.com except where otherwise noted