Audi is further expanding the biggest investment program in its history. From 2015 through 2019, the Ingolstadt-based company plans to invest €24 billion (Rs 1,86,000 crores), which is €2 billion more than in the previous planning period.
Audi has said that 70 percent of the investment will flow into the development of new models and technologies. They will also aim to meet stringent CO2 limits worldwide with a new generation of extremely economical combustion engines and alternative efficiency technologies. Furthermore, new features in the areas of connectivity and driver assistance are designed to extend the “Vorsprung durch Technik” of the brand with the four rings. They have also announced 10 new models to be launched by 2020.
At the same time, the company is expanding its worldwide production network, but more than half of the planned investment will take place at the German sites in Ingolstadt and Neckarsulm.
“We place top priority on sustainable growth. That’s why we are making large investments in the innovative areas of electric mobility, connectivity and lightweight construction,” stated Rupert Stadler, Chairman of the Board of Management and CEO of AUDI AG.
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