Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published Tuesday, March 9, 2010 at 1:32 AM

Comments (0)     E-mail E-mail article      Print Print      Share Share

Audi '09 net income down 39 pct to $1.8 billion

German carmaker Audi AG says its 2009 net income fell 39 percent to euro1.35 billion ($1.8 billion) as the economic downturn cut demand for its cars.

The Associated Press

FRANKFURT —

German carmaker Audi AG says its 2009 net income fell 39 percent to euro1.35 billion ($1.8 billion) as the economic downturn cut demand for its cars.

The Ingolstadt-based company earned euro2.2 billion in 2008.

Audi said Tuesday revenue fell 13 percent to nearly euro30 billion from euro34.2 billion in 2008. Total vehicle production fell 9.4 percent to 932,260 cars in 2009 from just over 1 million in 2008.

Audi is a unit of Europe's largest carmaker Volkswagen AG.

---

On the Net:

http://www.audi.com

E-mail E-mail article      Print Print      Share Share

More Business & Technology

UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case

UPDATE - 09:32 AM
Bank stocks push indexes higher; oil prices dip

UPDATE - 08:04 AM
Ford CEO Mulally gets $56.5M in stock award

UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall

NEW - 09:43 AM
Warner Bros. to offer movie rentals on Facebook

More Business & Technology headlines...

Comments
No comments have been posted to this article.

advertising


Get home delivery today!

Video

Advertising

AP Video

Entertainment | Top Video | World | Offbeat Video | Sci-Tech

Marketplace

Advertising