Audi repeats goal to match 2011 oper profit in 2012

Mon Oct 29, 2012 4:54am EDT
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BERLIN (Reuters) - Volkswagen's (VOWG_p.DE: Quote) luxury division Audi said on Monday it continues to aim to match last year's operating profit of 5.35 billion euros ($6.92 billion) in 2012, reaffirming a target announced earlier this year.

Ingolstadt-based Audi also said it stands by a goal to increase global vehicle sales to over 1.4 million cars this year from 1.3 million in 2011. ($1 = 0.7733 euros)

(Reporting By Andreas Cremer)

Audi logo sign is seen inside the lobby at the U.S. headquarters building of the Volkswagen Group of America in Herndon, Virginia, September 18, 2008. REUTERS/Larry Downing