Audi bucks industry trend, but warns it is not immune from global recession
10 March 2009

Audi made record profits last year, bucking the downward trend within the car industry by posting a 30 per cent increase over 2007.

The company made €2.21bn (£2bn) in 2008 and total turnover increased by 1.7 per cent to €34.2bn. Audi attributed the strong performance to improving sales in Europe, China and India, selling a total of 1,003,469 vehicles. Audi’s sales in the US decreased by 6.1 per cent.

Despite the record sales, Audi has been quick to warn that it is likely to be seriously affected by the economic crisis crippling the car industry. Its sales figures for January and February this year are down 20.3 per cent year on year.

James McKiernan

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Hyundai Kona
    First Drive
    18 October 2017
    Hyundai's funky-looking Kona crossover with a peppy three-cylinder engine makes all the right noises for the car to be a success in a crowded segment
  • Citroën C3 Aircross
    First Drive
    17 October 2017
    The Citroen C3 Aircross has got funky looks and a charming interior, but it's another small SUV, and another dynamic miss. Numb steering is just one thing keeping it from class best
  • Skoda-Karoq 2.0 TDI 4x4
    First Drive
    16 October 2017
    Diesel version of Skoda’s junior SUV is unobtrusive and undemanding, but we’d still go for the silkier petrol version of the Karoq
  • Audi Q7 e-tron
    First Drive
    16 October 2017
    Expensive and flawed but this understated diesel-electric Audi Q7 has a lot to offer
  • Citroën C3
    First Drive
    16 October 2017
    Is the third gen Citroën C3 ‘fresh and different’ enough to take on its supermini rivals? We spend six months with one to find out