UPDATE 2-Audi sees stable profits in 2003

Newswire

(Rewrites with outlook, adds detail from news conference) By Olaf Brenner INGOLSTADT, Germany, Feb 25 (Reuters) - The Audi luxury unit of Europe's largest carmaker Volkswagen said on Tuesday it expected flat profits despite an anticipated rise in unit sales in 2003 after a slow start to the year. "We should find ourselves at around the (profit) level of the previous two years," Audi finance chief Peter Abele said at the company's annual news conference. Audi, which generated close to ...

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