Go Back   Team-BHP > BHP Worldwide > The International Automotive Scene

Thread Tools Search this Thread
Old 29th December 2014, 15:45   #1
Senior - BHPian
Tushar's Avatar
Join Date: Oct 2014
Location: Mumbai
Posts: 1,137
Thanked: 8,238 Times
Default Audi's R&D budget from 2015 to 2019 = Rs. 186,000 Crore

Audi AG is all set to further expand the biggest investment program in its history. From 2015 through 2019, the Ingolstadt-based company plans to invest €24 billion, which is €2 billion more than in the previous planning period. The Volkswagen owned luxury car maker will invest the amount in developing new models, production sites and technologies.

A large contributing factor to the capital boost is the need for technologies to reduce CO2 emissions. Global emission norms have forced car makers to develop more efficient vehicles & Audi says around 70% of the investment will be used to create more fuel efficient diesel and petrol vehicles along with plug-in hybrids. "We are making large investments in the innovative areas of electric mobility, connectivity and lightweight construction,” stated Rupert Stadler, Chairman of the Board of Management (CEO) of Audi AG.

With a large chunk of the investment flowing into the brand's plants in Ingolstadt and Neckarsulm, Audi will also expand its workforce. According to the official release, Audi has recruited approximately 3,000 new employees in Germany alone over the past year.

Audi's R&D budget from 2015 to 2019 = Rs. 186,000 Crore-151420.jpg

Name:  PopUp595_397popupAU140782_small.jpg
Views: 436
Size:  65.7 KB
Tushar is offline   (2) Thanks Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
5 lakh crore to develop Indian Highway network by 2019 Tushar Street Experiences 21 25th February 2015 13:49
Which Car to buy For 1 Crore Budget ? sujithnk Luxury, Imports & Niche 45 8th December 2014 14:28
Honda builds 2 Crore Automobiles in the USA (1 Crore Accords) sarathlal The International Automotive Scene 3 22nd March 2014 02:38
Scorpio CRDe @ 70,000 kms! 5,000 of Agony & 65,000 of bliss smats Long-Term Ownership Reviews 17 8th May 2010 17:37

All times are GMT +5.5. The time now is 23:42.

Copyright ©2000 - 2016, Team-BHP.com
Proudly powered by E2E Networks