Audi posted a $515 Million Third-Quarter Profit and CFO Axel Strotbeck said he expects the Ingolstadt, Germany- based auto manufacturer to post even stronger 4th quarter earnings due to the recovery of the recession. This would give Audi a 2009 full-year profit of over $1.52 billion, down significantly from the 2008 record of $2.77 billion, but much higher than that of its rivals, Bmw & Mercedes-Benz, who may not be able to make any 2009 full-year profit. Audi has also narrowed the sales gap to it's competitors by being the clear market leader in the growing Chinese market while having far less exposure to the ailing U.S market.
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