By David Sachs
Volkswagen Group reported a lower margin and operating profit for its Audi brand group on Wednesday.
The German carmaker said Audi posted operating return on sales of 9% in 2023 compared with 12.3% in 2022. Operating profit decreased to 6.3 billion euros ($6.89 billion) from EUR7.6 billion. The group includes Audi, Lamborghini, Bentley and Ducati.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
03-13-24 0312ET