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· Total of 10.6 billion euros in investments from 2008 to 2012
· 7.9
billion of this to be invested in new products
· Number of models to rise
from current 25 to 40 by 2015
· Annual investments of around 2 billion
euros
Following on from the recent announcement by Audi Australia
Pty Ltd to invest $50 million in a new ‘lighthouse’ facility to open in Sydney
in 2009, with a further $100 million committed in the next three years by the
national dealer network Downunder, parent company AUDI AG is also continuing its
investments in fine style.
The scheduled budget for the period from 2008 to 2012
comprises a total of 10.6 billion euros in fixed investments. For the last
planning period, from 2007 to 2011, the scheduled investments added up to 9.8
billion euros.
7.9 billion euros of the total investment have been allotted
to new models alone as Audi plans to expand its range of vehicle models from the
current 25 to 40 by 2015. Annual investments will reach a steady level of around
two billion euros.
Axel Strotbek, Member of the Board of Management at AUDI AG
for Finance and Organization said, “Investment in new models, product
innovations and core competencies is a necessary requirement for the successful
continuation of Audi’s growth.”
Next year Audi will be introducing several new models onto the
international market. From 2008, the model range will be expanded by the Audi A3
Cabriolet, the Audi A4 Avant and the Audi Q5, among others.
The course will also be set for the future at Audi’s
production sites. In 2008, Audi will be investing more than 1.1 billion euros in
its plants in Ingolstadt and Neckarsulm. Of this total, 720 million euros have
been allotted to Ingolstadt, with 400 million euros going to Neckarsulm.
Investment in new products and structural measures will take priority.
Modernization of pressing plants and the extension of
toolmaking have also been planned for both German sites. A further priority in
the Ingolstadt plant is investment in paint finishing systems and technical
development measures.
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