Audi to spend 22 billion EUR in next five years

AUDI AGAudi has unveiled its plans to invest around _22 billion in the next five years (2014-18).

This will be going in for developing new models, innovations and the constant development of the worldwide production network. About 70 percent of the total amount will be spent for new models and technologies. More than half of the planned investment will go to the Ingolstadt and Neckarsulm sites.

Audi to launch new models in India and Paris

Audi to launch new models in India and ParisIn India, Audi, the German luxury auto maker is launching its new model Q7 SUV. The SUV will be priced at Rs. 59.29 lakhs. The commercial deliveries will start in Jan 2011.

The SUV has the maximum speed of 245 km/hr as it comes with 8-speed mode. The new Q7 is programmed to run in just 6.9 seconds at 100 km/hr.

Audi launches A8 L luxury model

Audi launches A8 L luxury modelGerman luxury car maker, Audi has announced the launch of its A8 L luxury model that sets new standards of luxury, dynamics and efficiency.

The car will be powered with five engines and come with twelve-cylinder with 368 kW. The car is expected to be launched in fall 2010. The company may bring the car to India through the CBU route by the end of this year.