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Audi to invest $30 billion through 2018


VW’s luxury division, Audi Ag, on Friday said it would invest about $30 billion (€22 billion) between 2014 and 2018, the largest investment program in company history. The announcement comes after the luxury automaker succeeded to sell 1.5 million vehicles in 2013. “We had set the goal of 1.5 million deliveries per year by 2015, but we already achieved that quite comfortably ...
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Audi plans seven crossovers – from q2 to ultra-luxury Q9
Volkswagen’s premium carmaker Audi Ag has very ambitious plans according to the Reuters news agency. The Germans are planning to increase their number of crossover offerings from three to seven by ...
Audi reports 9.8% sales growth for July
The German company has delivered around 131,300 cars to customers in July, with strong sales from the SUV line-up and a good double-digit growth in China. Worldwide, Audi sold a total ...
Audi may not build a plant in Brazil until local laws are transparent
Volkswagen AG's premium carmaker, Audi AG will not build a new factory in Brazil until the local laws are clear and transparent, CEO Rupert Stadler said on Saturday. "We are studying ...
Audi reports best worldwide sales ever for the month of February
February 2013 was the best February in the history of Audi, as global deliveries rose 3.2 percent to an all-time high of 110,000 vehicles. Overall, Audi’s global deliveries over the first ...
Audi celebrates 20th anniversary of its Gyor plant in Hungary
This year Audi celebrates the 20th anniversary of its Gyor plant in Hungary. Dr. Frank Dreves, Chairman of the Supervisory Commission of Audi Hungaria and Board of Management Member for Production ...
Audi produced its 5 millionth quattro-equipped car
Audi today celebrated an important milestone in the company's history – the five millionth Audi vehicle with a quattro drive system. The car, a white Audi A6 allroad 3.0 TDI, rolled ...
Audi reports 16 percent rise in global sales in January
Audi sold around 111,750 cars worldwide in January, accounting for an increase of 16.3 percent, helped by strong sales in China and Europe. Audi deliveries rose 38.5 percent in China, with ...
Audi CEO expects brand to meet goals in 2012 and continue growth in 2013
Audi AG announced it is on track to reach its goal of selling a record 1.4 million vehicles in 2012. The world's second-largest maker of luxury cars expects sales to grow ...
Audi to build new plant in San Jose Chiapa, Mexico
Audi has chosen the location of its new Mexico plant, which is scheduled to start production of the next-generation Q5 SUV in 2016. After evaluating more than a dozen locations, Audi ...

latest automotive news
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