Audi expecting another record year

Audi announced Wednesday that it expects record sales and revenue in 2006, fueled in part by new models like the Q7 (pictured) and revamped TT. This is good news for its struggling parent company, Volkswagen, which has recently been depending on Audi for the bulk of the group's profits.
Audi is targeting sales of 1 million units by 2008, and looks to be well on track following 10 consecutive years of record sales. Its new Q7 looks like a hit, if the over 13,000 advance orders in Europe logged thus far are any indication.

Audi also hopes to apply some of its magic to VW's Spanish subsidiary, SEAT, which is part of the Audi Brand Group, along with Lamborghini. Audi aims to return SEAT to profitability by 2008.

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