Audi Invests E10.6 Billion Till 2012

Models up from 25 to 40
by Atanas Markov
December 30, 2007 4:23 PM
Filed Under: Corporate/Financial, German, Industry

Pursuing plans to catch arch-rivals BMW and Mercedes-Benz, Audi reported that the scheduled budget for the period from 2008 to 2012 is EUR 10.6 billion in fixed investments. That means Audi’s annual cash flow in new models and production will reach a steady level of around two billion euros. Previously, for the last planning period, from 2007 to 2011, the planned investments were fixed at up to EUR 9.8 billion. As part of that investment, EUR 7.9 billion has been allotted to new models alone.

The resources will be used to expand the range of models from the current 25 to 40 by 2015. In 2008 Audi is scheduled to introduce several new models into the market such as the Audi A3 Cabriolet, the Audi A4 Avant and the Audi Q5.

The rest of the investment will be utilized for Audi's production sites. In 2008 plants in Ingolstadt and Neckarsulm are to receive around EUR 1.2 billion - EUR 720 million to Ingolstadt, and EUR 400 million going to Neckarsulm.

Source: Automotive business review
share  |   email to a friend  |   print  |   add a comment

Comments

yeah, Audi for the winners, Lexus for the losers!

by Suckio | December 30, 2007 9:08 PM
You mean toyota, after all Lexus' are just a glorified toyota with an "L" stuck on the front and back in the end. As I like to put it...

LtoyotaL

They are nice to sit in I admit but I just keep getting the feeling whenever I'm in one, "but its just an upmarket toyota in reality". I guess some people try to forget its just a toyota, I could never do that or live with one of their cars though because of that no matter how good anyone else says they are.

by xenomorph | January 1, 2008 11:36 AM
I can understand you, but what is a the Mona Lisa else than paper and oil? Not what you call it, not what it is made of, only that you like is important and true. But on Lexus you are right, they are all ugly cars, "luxury-loaded" buy a billion commercials and movies ("minority report f.e.)

by Suckio | January 2, 2008 2:25 AM
Wow thats more than ford makes in 10 years.

by radmeister | December 31, 2007 5:22 AM
Can you imagine when the time comes to facelift/upgrade/ launch new versions of all these new models when they are all due? Massive. Next thing we'll be due new A8, new A6, new A3, new Q5, new Q7, A7, Q3, Q1, new A1...most coming with several engines to boot. Massive!

by thamzn | January 1, 2008 4:35 PM

Add Your Comment

Existing Users

Username
Password
remember me on this computer

New Users

Username
Email
Password
Comment
Subscribe to WorldCarFans Newsletter
Please enter your email in the following box and click subscribe to receive our daily email