| Volkswagen Group of 26 financial report released by | | | | other low-grade brand, which eventually led the |
| the financial crisis, its Audi luxury car sales decline and | | | | company's profits plummeted. In addition, Spain's SEAT |
| consumers switched to buying small, inexpensive cars, | | | | brand sales also fell 8.6%. |
| in 2009 profits slump 80% over the previous year. | | | | Meanwhile, Volkswagen announced to continue |
| Announced to the public last year, net profit of | | | | its policy of expansion. Porsche currently working with |
| 960 million euros (about 1.3 billion U.S. dollars), while the | | | | the public merger in January this year, it acquired 19.9% |
| 2008 profit of 4.75 billion euros. The profit was also | | | | stake in Japan's Suzuki. Volkswagen said its nine |
| lower than most analysts expected. | | | | brands in 2010 will develop 60 new models and |
| But look at car sales in 2009, the public's nine | | | | upgrades. |
| brands or slightly increased total sales 1.1%, re-creating | | | | 2018 in accordance with the public plan, then the |
| the highest level in history. This is mainly due to low | | | | public will exceed sales and profit comprehensive |
| brand such as Volkswagen and Skoda sales increase | | | | Honda. This requires a comprehensive expansion of |
| over sales of Audi and other luxury brands decline. | | | | the mass production lines and development of Asia |
| From the structure of the brand, Volkswagen | | | | and other emerging markets, vehicle sales in 2018 will |
| brand sales rose 7.8%, Skoda brand sales rose 1.4%; | | | | increase to 10 million, while gross profit margin more |
| and Audi sales fell 5.4%, this is the first decline over the | | | | than 8%, while the current is about 5%. |
| past 14 years. Audi's profit margin is far higher than | | | | |