Audi will spend 24bn Euros to develop technology and expand production, boosting its five-year investment plan by two billion Euros as it chases BMW for the top spot in luxury-car sales.
With its eye set on overtaking BMW as the leading luxury automaker in the world, Volkswagen-owned Audi announced this week that it will be spending $29.3bn on new models, new manufacturing facilities, and new tech. In a statement issued Saturday, Audi said it would increase its car manufacturing operations investments by two billion Euros, pushing…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
