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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.

BMW 2 Series Convertible goes for a drive in the cold

The BMW 2 Series is the car that will eventually replace the 1 Series here in the United States (remember: the 1 Series moniker will live on to describe the hatchback models in other markets), and while we've seen the new coupe out on the prowl, we're now seeing the droptop version out on the road. We don't have much information about the new 2er models, only that they are expected to bow sometime in 2014.
Dimensionally, the new 2 Series convertible looks very similar in size to its outgoing 1 Series kin, with things like the roofline and roof shape looking nearly identical. Of course, reworked front and rear fascias are immediately noticeable, and judging by what little we can see, it appears as though the small BMW will take many of its design cues from the larger 3 Series rather than the oft-awkward-looking 1 Series hatch that's currently available in Europe.
Assuming things are still on track for 2014, we won't rule out a possible debut in Geneva, though the Frankfurt expo in September makes even more sense.

BMW 2 Series Active Tourer getting third row

In what enthusiasts will likely see as a continued attempt to dilute the BMW brand, the German manufacturer is testing a three-row variant of its already controversial 2 Series Active Tourer. Our trusty spy photographers captured images of the new, front-drive MPV testing on the roads of Europe.
The easiest way to ID this more passenger friendly 2er is its slightly longer length, which will allow it to accommodate seven people in total. As our spies point out, this should make the 2AT an attractive proposition for European taxi companies. Yep, BMW built a car that will be praised by taxi drivers. On top of the extra seats, the rear overhang appears larger as well, which should mean extra cargo space.
This, of course, is not the first time we've captured images of a new 2AT variant undergoing testing. Back in May, we spotted a hybrid-powered variant out for a drive.