Audi converting Hungary factory into a full assembly plant

Article by Christian Andrei, on September 27, 2010

Audi’s factory in Gyor, Hungary, will be converted into a full assembly plant to produce A3 and TT cars. Audi will invest 900 million euros ($1.2 billion) for this plant to be able to produce 125,000 cars a year. This conversion is expected to create 1,800 new jobs. How the Gyor plant operates now is to assemble the TT coupe and roadster and A3 Cabriolet using locally built engines.

The other parts are shipped in from Audi's home plant in Ingolstadt in Bavaria, Germany. Audi said that from 2013, Gyor will accomplish the complete manufacturing process on its own, from chassis production to assembly.

In addition, Gyor will be producing another version of the A3 model. CEO Rupert Stadler said that the expansion is a boost to the company's growth plans. Audi’s goal for this year is to achieve new-car sales of over 1.08 million this year, a 14% increase from a year earlier. Audi, the premium brand owned by Volkswagen AG, aims to take over BMW’s position as the world's biggest luxury-car maker by 2015.

At a news conference on Thursday, Stadler said that Hungary offers an “excellent foundation” when it comes to its labor force, its flexible working hours, and the wage structure. In fact, other automakers will be expanding in Hungary.

Last Tuesday, General Motors Co. said it would invest $655 million to expand capacity at its Opel factory in Hungary, to create a new family of Euro 6-compliant, fuel efficient engines.

In 2012, Daimler will open its first Mercedes-Benz factory in Eastern Europe in Kecskemet, about 80 kilometers southeast of Budapest. The factory is expected to have a production capacity of 100,000 units annually of the next-generation A- and B- class compact cars. [via autonews - sub. required]

Topics: audi, hungary, factory

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Hyundai is making the green vehicle race more competitive by offering three powertrain types -- pure electric (EV), hybrid (EV plus combustion engine) and plug-in hybrid (PHEV) – in one...
by - December 9, 2016
Although specs for the new Renault Megane had already surfaced several weeks ago, we didn’t know that the company has cooked up something new. Aside from the 200hp gasoline, Renault‘s...
by - December 9, 2016
For the first time in fifty-eight years, Infiniti registers its first US-Spec Q60 Coupe in Cuba. American products have not been allowed entry into Cuba for six decades. But it...
by - December 9, 2016
Chevrolet has already given out the pricing for some of its 2018 Equinox models. Not only will the new Equinox be available in both the US and Canada, it is...
by - December 9, 2016
Nearly all details have been set with regards to the upcoming market introduction of the new Jaguar I-Pace. Its production version was recently previewed at the 2016 Los Angeles Auto...
by - December 8, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries