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    Audi profit stagnates amid Europe's crisis

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    euronews (in English)

    by euronews (in English)

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    Volkswagen's main profit driver - Audi - is suffering from stagnant earnings from slumping demand in its core European markets - where it sells half its cars.

    Audi's operating profit at Audi edged up just 0.6 percent last year to 5.38 billion euros, compared to a 60 percent surge in 2011.

    Net profit fell two percent to 4.35 billion.

    ...
    http://www.euronews.net/