25/07/2008 18:24. July 25 (Bloomberg) -- Audi AG, Volkswagen AG's luxury brand, said first-half profit rose 37 percent on lower costs and demand for the new A5 Coupe and the next generation A4 sedan.

Net income increased to 930 million euros ($1.46 billion) from 679 million euros a year earlier as production costs declined 0.6 percent, the Ingolstadt, Germany-based carmaker said in a statement today. Sales rose 0.1 percent to 17.4 billion euros.

Audi helped Volkswagen, Europe's largest automaker, boost net income 35 percent in the quarter to... // Bloomberg