I think we saw an article about this in the past couple of months. While it sounds impressive, it has no context with other companies. What is GM/Cadillac, Toyota/Lexus, BMW, Merc, etc. spending in the same timeframe? And will some of Audi's spending benefit other VW units, i.e. not all of that $29B is truly attributable to Audi.
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The total investment volume of €24 billion comprises approximately
€17 billion of investment in property, plant and equipment and €7 billion of capitalized development costs. “70 percent of all our investment in the next five years will flow into new models and innovative technologies,” explained Board of Management Member for Finance (CFO) Axel Strotbek.
In order to fulfill the ambitious CO2 limits, the company is working not only on the next generation of fuel-efficient gasoline and diesel engines, but also on plug‑in hybrids such as the Audi A3 Sportback e‑tron*, which became available in the first markets at the end the year. “We are constantly further developing alternative drive systems and focusing above all on connecting the car with its digital environment,” explained Dr. Ulrich Hackenberg, Audi’s Board of Management Member for Technical Development. “The car will communicate with the driver, the Internet, the infrastructure and other vehicles, while moving in an environmentally friendly manner.” The new Audi TT* is a pacemaker in terms of seamless connectivity. Its integrated Audi virtual ****pit, which merges a combination of instruments and an MMI screen into a central digital unit, sets new standards.
So almost 5 biliom € per year...will they make their cars more reliable
..just kidding...i know that others also have some problems regarding reliability.
Anybody have info how much Cadillac spends in year?
€17 billion of investment in property, plant and equipment and €7 billion of capitalized development costs. “70 percent of all our investment in the next five years will flow into new models and innovative technologies,” explained Board of Management Member for Finance (CFO) Axel Strotbek.
In order to fulfill the ambitious CO2 limits, the company is working not only on the next generation of fuel-efficient gasoline and diesel engines, but also on plug‑in hybrids such as the Audi A3 Sportback e‑tron*, which became available in the first markets at the end the year. “We are constantly further developing alternative drive systems and focusing above all on connecting the car with its digital environment,” explained Dr. Ulrich Hackenberg, Audi’s Board of Management Member for Technical Development. “The car will communicate with the driver, the Internet, the infrastructure and other vehicles, while moving in an environmentally friendly manner.” The new Audi TT* is a pacemaker in terms of seamless connectivity. Its integrated Audi virtual ****pit, which merges a combination of instruments and an MMI screen into a central digital unit, sets new standards.
So almost 5 biliom € per year...will they make their cars more reliable
..just kidding...i know that others also have some problems regarding reliability.Anybody have info how much Cadillac spends in year?
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