Audi says October car sales up 5.3%

Audi AG, the luxury car arm of Volkswagen AG, said that its global sales worldwide rose 5.3 per cent in October compared with last year. The Ingolstadt-based maker of the TT and A4, among others, said it sold 76,900 cars last month, up from the 73,050 it sold in October 2006.

That put the company on course to surpass its goal of selling 950,000 cars by the end of the year, said Ralph Weyler, who oversees marketing and sales at the company.

"Owing to last month's results, we are extremely confident about the final months of 2007," he said. In the January-October period.