Audi plans to sell 1 million vehicles worldwide in 2008, and by the looks of its 2007 books, the Volkswagen-owned automaker is well on its way. Audi released its 2007 results on Tuesday, and posted an impressive 26 percent gain in profits when compared to 2006.
Moreover, Audi’s sales rose by 7.9 percent worldwide — including a 3.8 percent increase in the U.S. — boosting earning to 1.7 billion euros ($2.6 billion), a 400 million euro increase over last year. 2007 also marked the 12th consecutive year of record vehicle sales.
While Audi sales in its home market of Germany slipped by 1.5 percent, sales in emerging markets such as China were strong, posting an increase of 24.8 percent. Sales in Western Europe as a whole grew slightly, up 3 percent from 2006.
Overall, Audi sold 964,151 cars in 2007, up from 2006’s total of 905,188.
Audi also recognized its employees’ role in its success, doling out bonuses of nearly $8,200 per worker — about $343 million in total.
03/12, 12:20 PM
posted by:
PetrolHeadPete
I like this.
03/12, 12:36 PM
posted by:
JohnnyBlazE
Nicely done Audi!
03/12, 12:41 PM
posted by:
maximus
The founder of the company I work for did something like this, he gave away half his stock money to everyone employed at a certain date, I got like $5K from it. Some guys here got about $20K or more from it. cool stuff I tell ya.
03/12, 12:42 PM
posted by:
F3INT))AP3X
Audi is the ****; great looking cars, great performing cars, and a brand with the history and experience of a great auto manufacturer as well as a top performer in ALMS Le mans and and other areas of racing including rally (check out April issue of R&T).
03/12, 1:47 PM
posted by:
SwerveEarly
Those are union workers getting $8200 each. There will probably be hundreds of overdoses out of this, they should give them a dollar a day for 8200 days.
03/12, 3:48 PM
posted by:
LuckyLou
Yes, Audi is the **** for sure F3!
SwerveEarly that’s just frickin hilarious!! The local pubs/bars will be swimming in cash for a few months(as well as the local dealers of finer substances) LOL!!
03/12, 7:34 PM
posted by:
bigp
thats good hope they can make there goal.
03/13, 12:42 PM
posted by:
Need more oil for GM
Bet ya 99% of the profits came from the service bays. These cars put you in the poor farm while those smart folks driving Cadillacs, Buicks and Pontiacs go for decades and hundreds of thousands of miles before their first problems.
That folks is why GM and America will be around forever while piles of **** that come from Germany will remain a dying breed.
Victims of the American Revolution!