Audi Repeats 8%-10% Profit Margin Goal Despite Higher Costs

Newswire

BERLIN, Nov 4 (Reuters) - Germany's Audi reaffirmed a goal to achieve an operating profit margin "at the upper end" of a 8-10 percent target range this year despite higher spending on models, technology and factories. The Volkswagen-owned luxury division also stood by a goal to increase sales to over 1.5 million cars and sport-utility vehicles this year which would be a new record. "We are making high upfront expenditures and investments now and in upcoming years in ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Feb 23, 2018
Video

Chrysler Pacifica 3.6L V-6 eHybrid – 2018 Award Acceptance

Mike Duhaime, director-electrified propulsion engineering at FCA, accepts Chrysler Pacifica Hybrid award at the 2018 Wards 10 Best Engines ceremony....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×