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Audi balance sheet 2009 - slump in profits: Industry crisis brings Audi slump in profits

dpa
Audi balance sheet 2009 - profit slump
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The profit after taxes broke compared to 2008 by 38.9 percent to 1.3 billion euros, such as the VW daughter announced on Tuesday (March 9th) in Ingolstadt. In 2009, sales fell less than feared by 5.4 percent to around 950,000 cars, mainly thanks to good business in Asia.

Audi wants to continue to become number one premium supplier

Chief Executive Officer Rupert Stadler confirmed the goal of 2010 as a record year To continue in 2008 and sell more than a million cars again. But he warned against considering the crisis over. 'It is becoming apparent that it will keep us busy longer than is generally assumed,' said Stadler according to his manuscript. A udi has shown itself to be more robust than its competitors during the crisis and is sticking to its goal of permanently overtaking its competitors Daimler and BMW. 'We want to become number one premium supplier worldwide and we have the potential to achieve this top position,' said Stadler.

In 2010, Audi is aiming for sales and profits above the results of the previous year. The Ingolstadt-based company intends to invest around 5.5 billion euros in new products by 2012. In January and February, Audi posted a sales increase of 28.7 percent compared to the previous year's period, which was weak due to the crisis, and sold a total of around 153,700 vehicles.

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