Cars
Audi Announces Investments of €22 Billion through 2018, Confirms All-New TT for 2014
Audi has announced an extensive investment program for the next five years, with the VW-owned luxury carmaker planning to invest around €22 billion ($30.3 billion) between 2014 and 2018 in new models, innovations and the expansion of its global production network. Audi says 70 percent of the investments will go into new models and technologies, with the Ingolstadt and Neckarsulm sites to receive more than half of the planned investment.
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Porsche To Invest More Than €1.1 Billion In Plant Expansions By 2020
Porsche has announced it will invest more than €1,1 billion ($1,2 billion) through 2020 in the expansion of its Zuffenhausen, Ludwigsburg and Weissach locations in order to boost productivity, flexibility and efficiency. The investment is part...
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Audi To Launch Two Electric Vehicles By 2018
Audi CEO Rupert Stadler said in an interview that by 2018, their range will feature two new EVs, including a €2 billion investment in the development of electric drive systems and digital technologies. Read more »...
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Vw Group Pledges To Invest €84.2 Billion In New Models And Technologies By 2018
The Volkswagen Group has announced a total investment of €84.2 billion ($113.85 billion) in its Automotive Division between 2014 and 2018, with over two-thirds of the amount to go into the development of efficient vehicles, drives and technologies,...
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Gm Reaffirms Commitment To Opel, Will Invest €4 Billion, Present 23 New Cars Through 2016
GM has announced a massive investment program for its ailing European subsidiary Opel over the next four years, worth €4 billion ($5.23 billion). The GM Board of Directors announced the decision today at a meeting in Rüsselsheim, Germany, the...
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Audi To Invest €11.6 Billion In New Products, Technologies And Human Resources Over The Next Five Years
In the next five years, Audi will invest approximately €11.6 billion in new products and technologies, production facilities and human resources, the Ingolstadt based manufacturer announced today. “With this investment, we are laying the...
Cars