Audi To Invest 7.9 Billion Euros On New Models From 2008 To 2012

VW Group’s luxury carmaker Audi announced that it plans to spend a total of 10.6 billion euros from 2008 to 2012 in fixed investments. That’s compared to the 9.8 billion euros that Audi planned to spend from 2007 to 2011. According to Audi, 7.9 billion euros of the total investment will be used for new products as the German carmaker plans to expand its range of vehicle models from the current 25 to 40 by 2015. In 2008 alone, Audi’s model range will be expanded by the A3 Cabriolet, the A4 Avant and the Q5, among others.