Audi converting Hungary factory into a full assembly plant

Article by Christian A., 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

Recommended

Hyundai Motor Group – including both Hyundai Motor and Kia Motors – has disclosed a wide-ranging plan to introduce 31 environment-friendly models in a new development roadmap that aims to...
by - August 22, 2017
Over a decade ago, Pagani took the Zonda to the Geneva Motor Show. The Zonda hypercar was then set to retire in 2013 together with the track-focused Revolucion. But here...
by - August 22, 2017
The newest Porsche Cayenne is scheduled be unwrapped by the end of the month after completing endurance tests worth 2.7 million miles. Since we are just a few weeks away...
by - August 22, 2017
This is the time of the year when automakers give us teasers and previews of their upcoming models. Now, it seems like BMW is ready to unveil the M5 (F90)...
by - August 22, 2017
It is quite common to revive classic cars if you have a lot of extra money. Models like the Jaguar XKSS and Aston Martin’s DB4 GT have been upgraded to...
by - August 21, 2017
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