[s-cars] News from Audi

[Brian Armstead]

Thought you'd like to see this.

Brian

INGOLSTADT, Germany - Audi is to invest considerable capital in
expanding its model range significantly over the next few years. The
company plans to invest a total of 11.8 billion euros between 2006 and
2011. This was decided by the AUDI AG Supervisory Board at its last
meeting for the year 2006. This means that the amount to be invested by
the car manufacturer from Ingolstadt will continue to remain at a very
high level.

Around 8.4 billion euros (71 percent) of the total investment volume
will be invested in new Audi vehicles alone. The Audi brand intends to
extend its range of vehicle models from the existing 22 to a total of 40
by the year 2015. From 2007 onwards, investments will rise steadily to
around two billion euros per year. Rupert Stadler, Board Member for
Finance and future Chairman of the Board of Management of AUDI AG
states: “Investments in new models, in product innovations and core
competences are the lifeblood of any company. We can only ensure our
corporate success by offering a range of attractive products. This is
therefore also an investment in the future of the company and is
decisive in safeguarding our jobs.”

Audi will be launching several new models or variants on the market next
year. The Audi A5 Coupé, Audi TT Roadster and the Audi R8 mid-engined
sports car will be among the models to expand the range from 2007
onwards.