Audi has posted a 4.7% gain on revenue to reach €24.5bn (£17bn) in 2004.

Income for the period rose by 7.4% to reach €871m (£604m).

The German-based company has indicated that income in 2005 is expected to stay stable, with the company set to increase its focus on the world's largest automotive market, the US, and the market with greatest global potential, China.

2005 will see the introduction of Audi's new 4x4 model, the Q7, which will compete with BMW's X5/X3 and the Mercedes M-Class.