Trade Resources Company News Audi Will Invest Euro 11bn in Next 3 Years

Audi Will Invest Euro 11bn in Next 3 Years

According to the results of 2012 announced by Audi on March 12, the company will totally invest Euro 11bn globally from mow on to 2015.

Axel Strotbek, CFO and president responsible for the finance and organization of the management committee, said that from now on to 2015, the company will invest more than Euro 3.5bn per year to develop innovative technology and expand production capacity and so on. Strotbek once said the company will invest Euro 13bn by 2016, and invest more than Euro 2bn per year in the field of the development of new products and technology.

As for the staff, Audi plans to employ 1,500 staff just in Germany, and employ 700 part-time staff.

As the investment increased, Audi will also launch a series of new models. Last week, Audi released Audi A3 Sportback e-tron and other models in the Geneva Motor Show, and the company will launch RS 6 Avant and RS 5 Cabriolet roadster in the second half this year, to join the ranks of RS 7 Sportback and RS Q3.

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