Audi on Track for Achieving Targets | Business| Economy and finance news from a German perspective | DW | 12.09.2005
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Audi on Track for Achieving Targets

German car-making giant Audi still hopes to sell more than 800,000 cars this year, its chairman Martin Winterkorn said on Monday. Audi hoped to sell between 800,000 and 860,000 cars this year, Winterkorn told journalists at the IAA motor show in Frankfurt, reaffirming the group's previous targets. In terms of revenues, Audi expected turnover to increase by "at least one billion euros" ($1.23 billion) this year from the 24.5 billion euros achieved in 2004, the chairman added. Audi has also set itself ambitious targets for its new sports utility vehicle Q7, which was unveiled at the IAA. Audi expected to sell nearly 60,000 Q7s in the first full year.

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