Audi paints optimistic outlook despite growing economic pressures

Despite high fuels costs and growing economic
uncertainty, luxury German carmaker Audi said Friday it expects to
report an improved business performance this year, according to DPA.
Audi, which is an offshoot of Europe's biggest auto manufacturer
Volkswagen AG, said it expects sales to reach one million this year
compared to 964,151 in 2007.
Despite surging raw materials, a weak euro and reluctant car
buyers, Audi said its key operations all improved during the first
half.
Audi said its first-half net profit rose by 37 per cent to 930
million euros.