Audi the premium brand owned by Volkswagen said it expects to deliver an operati...
An Audi 55 e-tron is seen ahead of the company's annual news conference at its headquarters in Ingolstadt, Germany, March 14, 2019. REUTERS/Michael Dalder
INGOLSTADT - Audi the premium brand owned by Volkswagen said it expects to deliver an operating return on sales between 7 percent and 8.5 percent, below its long-term target, as costs for developing electric cars weigh on profits.Audi aims to deliver an operating return on sales of between 9 and 11 percent in the long term, the carmaker said on Thursday.
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