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Audi Middle East has announced October sales results with an increase of 42 per cent over 2007 as well as an increase of 21 per cent for 2008 overall compared to the year before. Despite its recent successes, the manufacturer emphasised that its outlook for 2009 is conservatively positive.
"We are aiming for further growth in the region, but there is no doubt about it that the current economic situation will impact on the entire industry. For continued stability in prices as well as resale values, we switched to US dollar invoicing in 2006. All exchange rate risk is borne by the currency hedging of our mother company AUDI AG," said Jeff Mannering, managing director of Audi Middle East.
