February 2010
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Archive for February 10th, 2010

Audi with high profit increase

Wednesday, February 10th, 2010

Audi CarSee a sharp rise in Audi sales worldwide during the first month of the year. Growth of 39% on yearly base, mainly due to increased demand for the A4 and A6 models in China, the emergence of two new models – Q5 SUV and the A5 Sportback. In a special statement regarding the results of the first month, the company’s chief marketing and sales Peter Shvartsenbauer (Peter Schwarzenbauer) said that this year the company will achieve its goal – selling over 1 million cars in 2010. In January 2010 Audi sales increased in January 2009 compared with 39% in the U.S., with 23% in Europe (excluding Germany), with 9.3 percent in Germany and more than 100 percent in China.
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US indexes gone up after the positive news from Greece

Wednesday, February 10th, 2010

IncreaseThe American stocks rose sharply Tuesday, with the key index added more than 1 percent, after it became clear that the euro area discusses the possibility of aid to Greece to tackle the budget deficit. Eurozone leaders have decided to discuss the plan on February 11 for Greece, which reduce the biggest budget deficit in the region. Germany is already preparing a bilateral plan, which both reduce the deficit of Greece. Additional support was the main indices and the report of the Ministry of Commerce in the United States for the decline in stocks of companies for wholesale in December after month earlier had registered the biggest growth in five years. Inventories fell 0.8% after growth of 1.6 percent in November while sales increased by 0.8%. On the corporate level Morgan Stanley increased the rating of the industrial sector to the improving business environment. Caterpillar Inc. grew by 4.6 percent to 53.13 dollars. Copper producer Freeport-McMoRan added 5 percent to 72.64 dollars after the copper price increase for the second consecutive day in London with 2.7%. Exxon Mobil Corp., The largest energy company, added 1.8 percent to 65.50 dollars after oil prices rose by 2.6 percent in New York, while ConocoPhillips shares added 2.9 percent to 48.74 dollars.
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