Audi Proves It Too Is Human As Profits Fall 29% For 1st Quarter Of 2009

German luxury carmaker Audi AG said Monday that its first-quarter operating profit fell by 29 percent as the global economic crisis ate into sales.

Ingolstadt-based Audi said its operating, or pretax, profit was down to 363 million euros ($479 million) in the January-March period from 514 million euros a year earlier. Audi, a subsidiary of Volkswagen AG, Europe's largest carmaker, did not immediately report net profit.


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ghosthunter - 4/27/2009 2:11:29 PM

0 Boost

29% is nothing.

LexSucks - 4/27/2009 2:26:30 PM

0 Boost

Guess they waited too long to drop the 3.2L V6.

weaponX - 4/28/2009 8:47:19 AM

+1 Boost

LOL! Funny title. I never thought much of them other than human.

chewy - 4/28/2009 6:48:41 PM

+1 Boost

Big difference between profit and big losses that others are posting.