Tag Archives: Audi profit margin slips

Audi profit margin slips as new plants in Mexico and Brazil offset sales gains

Audi’s profitability slipped during the third quarter as spending on new factories and models outweighed gains from record sales.

Profit as a proportion of sales at Audi eased to 9.2 percent in the third quarter, from 9.4 percent a year ago, the carmaker said.