Audi Announces Continued Substantial Investment In Audi Sport Models

Audi announced it will be continuing to invest a large amount of capital in sporty new models over the next five years. Capital investments will accordingly be maintained at the high level of the recent previous years. The Audi Supervisory Board is reported to have made the decision.

Capital investments totalling 11.6 billion euros have been allocated in the Audi Group's medium-term investment plans for the business period 2004 to 2009. About 80% of capital investments will be for future Audi cars. The high proportion of investment already reflects the plans to broaden the Audi model range quite substantially, the Audi Group reported. Adding that, over the next few years, the company will not only be developing new models, but also unveiling modifications in existing Audi series cars.