German car maker Audi is aiming for an 8.0 percent profit margin ahead of schedule and might transfer some activities to the United States, chief executive Rupert Stadler said in an interview Tuesday.
Stadler told Auto Motor und Sport magazine that the dollar’s weakness had forced his group to consider building a factory in the United States. AFP.com
He explained: “It is not enough to turn out just a few parts such as door trims in the dollar zone; we must look at components with more added value such as the engine and transmission.”
At the same time, the company remained confident of reaching its profit targets faster than expected
‘We will reach our goal of an eight-percent profit margin before 2010’. Motoring.co
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