UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15 (d) of the
                         Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): August 16, 2007


                              AUDIOVOX CORPORATION
             (Exact name of registrant as specified in its charter)


                                    DELAWARE
                 (State or Other Jurisdiction of Incorporation)


         0-28839                                         13-1964841
  (Commission File Number)                    (IRS Employer Identification No.)


180 Marcus Boulevard, Hauppauge, New York                            11788
(Address of Principal Executive Offices)                           (Zip Code)

                                 (631) 231-7750
              (Registrant's Telephone Number, Including Area Code)




Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously satisfy the filing obligation of the registrant under any of file
following provisions:

[ ]   Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)

[ ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

[ ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[ ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(e))





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Item 8.01Other Events.

     On August 16,  2007,  Patrick M.  Lavelle,  President  and Chief  Executive
Officer,  entered  into  a  written  selling  program  in  accordance  with  the
guidelines  specified by the SEC's Rule 10b-5, under the Securities and Exchange
Act of 1934 (the "10b-5 Plan").  Pursuant to the 10b-5 plan, Mr. Lavelle intends
to exercise 200,000 Audiovox options which were granted on September 9, 1999 and
would otherwise expire on September 9, 2009. The 10b-5 Plan, which  contemplates
the exercise  and sale of the option  commencing  on November 13, 2007,  sets an
initial strike price of $30 per share.  The strike price decreases in increments
of $2.00 per share every two months until February 1, 2009 when the strike price
is $19.00  per  share and then  decreases  to $18.00 on May 1,  2009,  $16.00 on
August 3, 2009,  $15.50 on August 17,  2009 and $15.05 on August 31,  2009 until
expiration.  The 10b-5 Plan was entered into in order to facilitate  the orderly
sale of common  stock for  diversification  and tax planning  purposes  prior to
expiration.

     The  information  furnished  under this Item 8.01 shall not be deemed to be
filed for the purposes of Section 18 of the Securities  Exchange Act of 1934, as
amended, and will not be incorporated by reference in any registration statement
filed  under  the  Securities  Act of  1933,  as  amended,  unless  specifically
identified therein as being incorporated therein by reference.



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                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.




                                            AUDIOVOX CORPORATION (Registrant)



Date:    August 27, 2007                     By: /s/ Charles M. Stoehr
                                               -------------------------
                                               Charles M.  Stoehr
                                               Senior Vice President and
                                                 Chief Financial Officer










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