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Audi Does Better Than Most in 2009
In business for over 100 years, and despite the economic downturn, AUDI AG a Subsidiary of Volkswagen and a maker of upscale automobiles made a profit in 2009. Audi produces over 1 million cars and 2 million engines per year. The company sells cars all over the world. Audi develops, manufacture, and sell cars and they posted a large market share gain in the US in 2009.
Audi RevenueAudi sold 949,729 cars to customers in 2009 and made total revenues of $29,840 (millions). This sales decline was a decrease of 5.4% compared to the year 2008 and the operating profit was down 42.1%. Audi profit before taxes was 39.3% and the profit after taxes was $2.2 million. Return on investment was 19.8% so the company did perform extremely well in 2009.
Audi Best Selling ModelAccording to an Associated Press report dated January 5, 2010, Audi’s best selling model was the A4 and the company sold 3,555 in December 2009. Audi sold a total of 37,070 A4 models in 2009. The Audi TDI models Q7 and A3 sales were much better than the company expected and the company sold a total of 82,716 cars in the US in 2009. In 2009, Audi sold only 699 of the R8 model which is a less popular model.
Audi Stock InformationAudi has in its stock 23 different models of cars available on the market for consumers to buy. There are models A3, A4, A5, A6 and A8. You can also purchase the Audi Q5 and Q7 models. The R8 and TT models are also popular among buyers. These are the top-selling models in the US. There are many more models to choose from and the Audi Company is planning to spend more money to improve their US models.
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