A richer model mix has boosted revenues at Volkswagen’s premium Audi brand faster than unit sales, the company reportedly said on Wednesday.
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According to Reuters, chief executive Martin Winterkorn told the company’s annual meeting that turnover gained about 5% to roughly €8.6 billion ($US11.05 billion) to the end of April, ahead of the 4.2% rise in unit deliveries of 269,750 – deliveries in April alone rose 10.9% to 74,706 vehicles.
Reuters noted that the division generated a 22% rise in operating profit in the first three months despite a 1.9% drop in unit deliveries.
