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Audi investing $30.3 billion through 2018 for product expansion

How does Audi plan to reach two million units in annual sales and pay for the 11 new models it's adding to its lineup - an expansion that may include models named SQ2, Q9 and F-Tron? By increasing its investment to 22 billion euros ($30.3 billion US) between now and 2018. That figure represents an increase of about 500 million euros over the previously planned outlay, according to a report by Automotive News, and that could be due to Audi wishing to goad the momentum that pushed it to 1.5 million annual sales two years ahead of schedule.
It's also about staving off the challenges from BMW and Mercedes-Benz. Now that BMW has been able to turn some of its attention away from its "i" series of Megacity cars, it will reportedly spend more than planned in 2014 as it continues the rollout of ten all-new vehicles and 15 new-generation vehicles through the end of next year. Mercedes, having been dropped to third in the sales race, is preparing to add 13 new cars over the next six years.
Audi's money is going into technology, into product like the next-generation TT and the Q1 and production expansions and upgrades all over the world. The expenditure represents just under a fourth of Volkswagen's 84.2 billion-euro ($115.7 US) outlay devoted to taking the number-one global automaker title away from General Motors and Toyota by 2018.

Germany says nein to EU ban on new fossil-fuel cars from 2035

BERLIN (Reuters) - Germany's government will not agree to European Union plans to effectively ban the sale of new cars with combustion engines from 2035, Finance Minister Christian Lindner said on Tuesday. In its bid to cut planet-warming emissions by 55% by 2030 from 1990 levels, the European Commission has proposed a 100% reduction in CO2 emissions from new cars by 2035. That means it would be impossible to sell combustion engine cars from then. European Parliament lawmakers backed the proposals this month, before negotiations with EU countries on the final law take place. Speaking at an event hosted by Germany's BDI industry association, Lindner said there would continue to be niches for combustion engines so a ban was wrong and said the government would not agree to this European legislation. Lindner, a member of the pro-business Free Democrats, which shares power with the Social Democrats and Greens, said Germany would still be a leading market for electric vehicles. (Reporting by Christian Kraemer; Writing by Madeline Chambers; Editing by Miranda Murray and Edmund Blair) Green Government/Legal Green Audi BMW Mercedes-Benz Volkswagen Opel SEAT Skoda

Spy video shows Audi RS4 Avant twin-turbo V6 lapping the Nurburgring

Nurburgring testing season is in full swing, and Audi took some of its newest upcoming models for a spin. That means our first listen to Ingolstadt's new, turbocharged RS engine under the hood of the RS4. Based off the updated A4, the new RS4 Avant is a return to the performance variant's roots. The original RS4 (and early versions of the S4) used twin-turbo V6 power, although more recent models stuffed the beloved 4.2-liter V8 under the hood. The turbo engine in the new model is also rumored to find its way into the back of the R8 supercar. We don't know horsepower figures yet, but with 450 horsepower as the benchmark from the last RS4 we expect big numbers from the six-cylinder. The new engine might be just as powerful as the old V8, but as you'll see in the video, it's missing the phenomenal growl that the 4.2-liter made as it revved to the sky. This new car is quiet, especially compared to the ear-tingling five-cylinder note of the TT RS testing alongside the wagon. A quiet performance car is fine if you like stealth, but with its flared wheel arches, oval exhausts, and big wheels, the RS4 is a car that's anything but subtle. Related Video: News Source: Car Spy News via YouTube Spy Photos Audi Wagon Luxury Performance Videos