Audi CEO says expects no 96 currency impact .  INGOLSTADT 1996-08-29  Audi AG management board chairman Herbert Demel said on Thursday that the German luxury carmaker , a unit of Volkswagen AG , did not expect any burden on its 1996 results from currency market volatility .  " We do not expect any burden on our 1996 results from currency markets , " Demel told [START_ENT] Reuters [END_ENT] in an interview .  Audi would have been able to report a profit 300 million marks higher in 1995 if exchange rates had stayed the same as in 1994 , Demel had told a shareholder meeting last April .  Demel said the carmaker had hedged about half of its currency risk for 1996 .  -- John Gilardi , Frankfurt Newsroom , +49 69 756525
Audi CEO says expects no 96 currency impact .  INGOLSTADT 1996-08-29  Audi AG management board chairman Herbert Demel said on Thursday that the German luxury carmaker , a unit of Volkswagen AG , did not expect any burden on its 1996 results from currency market volatility .  " We do not expect any burden on our 1996 results from currency markets , " Demel told
Reuters
in an interview .  Audi would have been able to report a profit 300 million marks higher in 1995 if exchange rates had stayed the same as in 1994 , Demel had told a shareholder meeting last April .  Demel said the carmaker had hedged about half of its currency risk for 1996 .  -- John Gilardi , Frankfurt Newsroom , +49 69 756525
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