Audi ventures on a huge 1861 billion INR

Tuesday 30 December 2014, 11:55 AM by

Audi has announced one of the most lucrative planning of investments of around 1861 billion INR. This amount is approximately 155 billion INR more than the last funding. The current planning period is estimated to last from 2015 to 2019. The German car maker has claimed that approximately 70 per cent of the funding will be invested in the development of new car models as well as technological advancements over the period. Audi also targets to reduce the carbon footprint by lowering the CO2 emissions worldwide. Also, it plans to develop economical combustion engine, which come with alternative efficiency technologies. Apart from this fact, some portion of the funding will also be contributed to the expansion of the global network. Half of the planned investment will take place at the German manufacturing plants of Neckarsulm and Ingolstadt.

Audi ventures on a huge 1861 billion INR | CarTrade.com
Audi ventures on a huge 1861 billion INR

Audi also has plans to improve and develop new state-of-the-art technologies to bolster global production in the next five year period. Rupert Stadler, the CEO and the Chairman of the Board of Management at Audi AG, said “We place top priority on sustainable growth. That’s why we are making large investments in the innovative areas of electric mobility, connectivity and lightweight construction.”

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