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Reuters |
VW’s Audi keeps margin target despite third-quarter profit drop
Reuters BERLIN Audi (VOWG_p.DE) is sticking to profitability targets, though its quarterly operating margin fell behind that of German rival Mercedes-Benz (DAIGn.DE) as declining sales in China as well as costs of new models and plants weighed on results. Audi keeps 8-10 per cent margin target despite Q3 profit dropEconomic Times Audi posts growth in deliveries, revenue and earnings for the first three quartersAutomotive World (press release) all 9 news articles » |
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