Audi reports October gain--wh-wh-wh-whaaaaat?

From Audi of America:

HERNDON, Va., Nov 3, 2008 - Audi today announced sales for the month of October totaling 7,443, an increase of 0.3 percent. This follows on a robust September when the luxury brand attained an all-time record share of the luxury sector. Strong performances from the A5, A8, R8 and all-new A4 models contributed to the October increase. Audi new vehicle sales are down only 3.5 percent year-to-date as the company contends with a double-digit decline in the luxury market due to the softening economy.

“While others in the industry focus on cutting, we're focused on building," said Johan de Nysschen, executive vice president, Audi of America. "The current market conditions represent an opportunity for consumers and for Audi. Audi's European heritage means that we are well positioned with vehicles featuring powerful, but fuel-efficient, high-performance engines. And our vehicle portfolio is among the youngest and most dynamic in the industry today.”

Well, you have to give credit to the luxury auto maker for not taking it on the chin. While the luxury sector continues to keep its proverbial head barely above water and certainly doing better than all other sectors, Audi looks like its A4 is really proving to be a winner overall and with the new Q5 in 2009, there's good things ahead more than likely that will keep reports like this humming along.

( Add your comments )

Recent Entries:
· 2011 Ford Explorer
· Honda Announces Mileage Marathon Winner
· Cadillac Converj is GM's next electric car

[ READER COMMENTS ]

Audi reports October gain--wh-wh-wh-whaaaaat?

Add your comments...

We kindly ask that you keep your comments relevant to this blog entry. Abusive or inappropriate comments or comments that are specifically promotional in nature may be removed.