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4-Traders Homepage  >  Equities  >  Xetra  >  Volkswagen AG    VOW3   DE0007664039

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Audi China Car Deliveries Jump 44% In April

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05/07/2012 | 09:52am CET

Volkswagen AG's (>> Volkswagen AG) Audi premium brand said Monday that car deliveries in China surged 44% on the year in April to 34,221 vehicles, indicating that demand for luxury cars continued to boom despite moderating growth in the Chinese mass-market segment.


- Audi's Chinese sales in the January-to-April period were up 41% compared with the same period last year at 124,284 cars, according to an emailed statement.

- Audi plans to release global car sales figures on May 9.

- Audi is the world's second-bestselling luxury car maker behind BMW AG (>> Bayerische Motoren Werke AG). It is the market leader in China thanks to an early market entry by its parent firm.

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 

Stocks mentioned in the article : Volkswagen AG, Bayerische Motoren Werke AG
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Financials (€)
Sales 2016 212 863 M
EBIT 2016 12 160 M
Net income 2016 8 570 M
Debt 2016 26 287 M
Yield 2016 1,85%
P/E ratio 2016 7,75
P/E ratio 2017 6,25
EV / Sales 2016 0,43x
EV / Sales 2017 0,38x
Capitalization 65 863 M
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Mean consensus HOLD
Number of Analysts 33
Average target price 145 €
Spread / Average Target 14%
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Matthias Müller Chief Executive Officer
Hans Dieter Pötsch Chairman-Supervisory Board
Martin Hofmann Head-Group Information Technology
Peter Mosch Member-Supervisory Board
Bernd Osterloh Member-Supervisory Board
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