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Audi Sales Buck Trend, Edge Higher

Audi Sales Buck Trend, Edge Higher

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WSJ reports on good news for Audi:

Audi AG bucked the fall in demand for luxury vehicles Wednesday and said its June sales rose 1.3% from last year to about 91,200 cars. “Since April we see that sales are stabilizing. The trough of the crisis is reached,” Audi executive board member Peter Schwarzenbauer said in a telephone conference. He said that the company’s current order intake confirms its outlook of 900,000 cars sold in the full year. – from WSJ