Audi Declines by 9.3%

Audi, Volkswagen’s luxury brand, posted a 9.3 percent decline in December sales to 7,712 vehicles, burdened by a 23 percent drop in purchases of the Q7 SUV, the Ingolstadt, Germany-based unit said today. Sales for the year declined 6.1 percent to 93,506 cars and SUVs.

Porsche SE, which is taking control of Volkswagen, said U.S. sales dropped to 2,154 vehicles last month from 2,891 a year earlier. Full-year sales plunged 25 percent in the U.S., the maker of the 911 sports car said.

Source:Bloomberg