Audi spending an additional $2.5 billion on expansion through 2019

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Old 01-01-2015, 10:58 AM
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Default Audi spending an additional $2.5 billion on expansion through 2019

Filed under: Earnings/Financials, Plants/Manufacturing, Audi, Volkswagen, Germany, South America, Luxury

This month, Audi said it will boost spending by two billion euros ($2.5B US) over the next five years, for a total outlay of 24 billion euros from 2014 to 2019. Something like 70 percent of those billions will be spent on new models, technology like "connectivity and lightweight construction," and factory expansion at its plants in Ingolstadt and Neckarsulm.Continue reading Audi spending an additional $2.5 billion on expansion through 2019

Audi spending an additional $2.5 billion on expansion through 2019 originally appeared on Autoblog on Thu, 01 Jan 2015 10:57:00 EST. Please see our terms for use of feeds.



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