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.
2009 Auto Shanghai Photo Gallery
If you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com
There are photos and then there are AutoSpies.com photos!
AutoSpies.com is ranked number one on Google search for auto shows
Read Article