Audi, the Volkswagen group premium brand, plans to hit its global sales target of 1.5m cars this year, two years earlier than previously forecast.

“We will keep growing this year despite a partially difficult market environment,” sales chief Luca de Meo said in the company’s quarterly earnings statement.

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Audi is the biggest driver of the VW Group’s profits, contributing some 40% to the EUR3.43bn (US$4.54bn) second quarter profit. It said it would maintain its goal of keeping its profit margin at the upper end of an 8-10% range this year, after achieving 11% last year.

Audi’s H1 deliveries rose 6.4% to 780,500 thanks to strong demand in the US and China. This was just 24,000 behind segment leader BMW’s sales.

Audi, whose sales overtook Mercedes-Benz in 2011, has set a target of increasing volume to over 2m units by 2020.

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