Audi targets record car sales in 2015
- 9 years ago
Audi is setting its sights on another year of record car sales in 2015.
It is sticking to its eight to 10 percent target range for its margin on operating profit this year.
There is growing global demand for the German firm’s models but profitability could slip further amid spending on technology and foreign expansion.
Audi plans to up its range from 52 to 60 upmarket cars and sport-utility vehicles by 2020, and its spending more than 1-billion euros on new factories in Mexico and Brazil.
It is sticking to its eight to 10 percent target range for its margin on operating profit this year.
There is growing global demand for the German firm’s models but profitability could slip further amid spending on technology and foreign expansion.
Audi plans to up its range from 52 to 60 upmarket cars and sport-utility vehicles by 2020, and its spending more than 1-billion euros on new factories in Mexico and Brazil.