Author: Automotive News Breaking News Feed
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Audi sticks to profit margin goal despite costs of growth
Audi reaffirmed a goal to achieve an operating profit margin of 8 percent to 10 percent this year despite higher spending on models, technology and factories.
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Kia’s K900 to debut in L.A.
Kia will unveil its rear-wheel-drive K900 luxury sedan at the Los Angeles auto show this month. Dealer sources say U.S. sales will start early next year.