INGOLSTADT, Germany, Feb 25 (Reuters) - The luxury Audi unit of Europe's largest carmaker Volkswagen said on Tuesday its net profit had risen 4.7 percent last year to a record 587 million euros ($634.1 million). The company said in a statement pre-tax profit had slipped slightly in 2002 to 1.25 billion euros, hit by unfavourable exchange rates and higher development costs. Revenues rose 2.6 percent to 22.6 billion euros. Audi, which generates around a quarter of parent group VW's profit, ...
Premium Content (PAID Subscription Required)
"VW unit Audi says 2002 net profit rose five percent" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642