Audi grapples with stagnant profit due to Europe slump

trymee submitted on 3/13/2013 Official Bell & Ross Timestamp: 3:35:02 PM

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Audi’s earnings in 2012 were adversely affected by the declining market in Europe so for this year, the automaker is targeting a "slight" increase in revenue for 2013.

Audi said that its operating profit increased by 0.6% to 5.38 billion euros ($6.99 billion) in 2012 while the net profit decreased

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Audi grapples with stagnant profit due to Europe slump

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