Home › Audi to Invest $29 Billion Through 2019 to Chase BMW's Top Spot
 

Keywords :   


Audi to Invest $29 Billion Through 2019 to Chase BMW's Top Spot

2014-12-27 19:44:32| Auto Dealers - Topix.net

Audi will spend 24 billion euros to develop technology and expand production, boosting its five-year investment plan by 2 billion euros as it chases BMW for the top spot in luxury-car sales. About 16.8 billion euros, or 70 percent of the total, is earmarked for new models like the Q1 subcompact sport-utility vehicle, the Ingolstadt, Germany-based unit of Volkswagen AG said today in a statement.

Tags: top spot billion invest

Category:Automotive

Latest from this category

All news
»
02.11Tropical Storm Lane Graphics
02.11Subtropical Storm Patty Graphics
02.11Tropical Storm Lane Forecast Discussion Number 4
02.11Subtropical Storm Patty Wind Speed Probabilities Number 2
02.11Summary for Tropical Storm Lane (EP3/EP132024)
02.11Subtropical Storm Patty Public Advisory Number 2
02.11Subtropical Storm Patty Forecast Advisory Number 2
02.11Subtropical Storm Patty Update Statement
More »