Official: 2011 Audi Q5 Hybrid confirmed
By Andrew C., 26 Aug, 2010. 0 Comments
2011 Audi Q5
Audi announced today that it will continue to invest heavily in new products and new technologies, planning a total of 7.3 billion euros for fixed assets, until 2012. From these 7.3 billion euros, approximately 5.9 billion euros (80%) will be used for new product development, further optimization of conventional drivelines and the development of electric and hybrid models. Audi is planning to enlarge its product portfolio from currently 34 to 42 models, by 2015, so expect new models from the German manufacturer in the coming years.
"With our planned investments in new products and mobility concepts, for example electric propulsion, we are creating a basis for our company's future growth," says Axel Strotbek, Member of the Board of Management for Finance and Organization at AUDI AG. In 2010, Audi will launch a series of new cars such as the A1, A7, A8 and R8 Spyder, but the big surprise will be the Audi Q5 Hybrid, its first hybrid model, which will come at the end of the year as a 2011 model.
Also, from 2009 through 2012 approximately 3.8 billion euros will be invested at the Ingolstadt and Neckarsulm plants. About 2.5 billion euros will be invested at Ingolstadt and about 1.3 billion euros at Neckarsulm. "This is a firm commitment to our German facilities. Audi is facing the technological upheaval in the automobile world in a farsighted way. The will to work and high qualifications of employees at our German plants are a firm foundation for the necessary changes," states Peter Mosch, Chairman of the Audi General Works Council.
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