Audi Announced Biggest investment Program In Company History

Fri, 08/13/2010 - 08:46

Audi has revealed their new development plan which only goes up to 2015, but will consume 11.6 billion Euros!

What are they going to do with that money you might be asking? Well, a very big chunk of it goes to development of new electric and hybrid cars. It’ll also create 1,200 new jobs.

About 80 percent of all investment – more than EUR 9.5 billion – will go to developing new products and to technologies of the future such as electric and hybrid drive systems. One example is the Audi R8 e-tron, the first electric sports car from Audi, which the company wants to begin selling in late 2012.

The brand with the logo of the four rings will introduce numerous new models in 2011, including the new Audi A6 and the Audi Q5 Hybrid, the first full hybrid from the carmaker. In launching the new Audi Q3, which is manufactured in Martorell, Spain, Audi is occupying the midsize premium SUV segment for the first time.

“Innovation requires people,” said Thomas Sigi, Member of the AUDI AG Board of Management for Human Resources. “For this reason, we want to hire around 1,200 experts in 2011 who will primarily bolster our electromobility and lightweight construction fields of competence, as well as the implementation of our growth strategy.” During 2010 Audi recruited about 500 experts and 780 trainees who began their vocational training in Ingolstadt and Neckarsulm.

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