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Audi AG profits are up
*** VW Subsidiary Profits Up 117% In First Quarter
Audi, the luxury car division of Volkswagen AG, said Wednesday its
earnings in the first quarter of 1996 climbed 117% over the same
period in 1995 to 206 million marks, or $134.6 million. The
improvement came on a sales increase of 20.5% to 4.7 billion marks,
Audi Chairman of the Board Herbert Demel said at a stockholders
meeting in Neckarsulm. (USA TODAY)
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* Hans-Juergen Schneider / hschnei@ibm.net *
* 200 Quattro / 90 Coupe Quattro 20V *
* Germany *
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