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Audi posts higher first-half net profit, liquidity on record car sales
August 1, 2014 / 8:16 AM / 3 years ago

Audi posts higher first-half net profit, liquidity on record car sales

BERLIN (Reuters) - Germany’s Audi (VOWG_p.DE) posted higher net profit and liquidity in the first six months of 2014 as sales of premium cars rose to a new record.

View of the grille of the Audi Allroad Quattro e-tron during the press preview day of the North American International Auto Show in Detroit, Michigan January 13, 2014. REUTERS/Joshua Lott

Net profit increased 6.7 percent to 2.32 billion euros (1.83 billion pounds) from 2.18 billion a year earlier, Volkswagen-owned Audi said on Friday.

The Ingolstadt-based carmaker aims to increase deliveries “significantly” beyond 1.6 million autos this year, Audi said, reaffirming targets after selling a record 869,355 cars and sport-utility vehicles in the first half of the year.

Reporting by Andreas Cremer; Editing by Maria Sheahan

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