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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.

Nokia Here Purchased by BMW, Audi, Daimler | Autoblog Minute

In a three company partnership the German automakers BMW, Audi and Daimler are set to take ownership of Nokia?s Here mapping technology. Audi BMW Autoblog Minute Videos Original Video Nokia nokia here

Upcoming new Alpina B7 teased

BMW does not make an M7. It never has, despite rumors, trademark filings, and the actual desires of the people that would build such a car. That means that while we're stuck waiting for BMW to see how foolish not building an M is, the most potent 7 Series you can get wears an Alpina badge on the nose. Meet the newest version of that car... sort of. BMW and Alpina haven't taken the wraps off the next B7 just yet, opting instead for an opera-accompanied teaser of the new car undergoing track testing. The car is lightly camouflaged – there's enough to make it clear it's a 7 Series, but not so undisguised as to reveal too much of the Alpina bodywork. There's a more aggressive bumper, a meaty rear spoiler, and sharper side sills, along with what are probably Alpina-specific wheels, but more precise details are hard to discern. What isn't difficult to pick out, though, is ear-tingling exhaust note. The last two Alpina B7s have built on the standard 7 Series' engine, and this new model likely won't be any different. That should mean a breathed upon 4.4-liter, twin-turbocharged V8 which goes well above the unfettled car's 445 horsepower and 480 pound-feet of torque. The extra power, along with the donor car's new lightweight carbon-fiber passenger cell, should make for tantalizing performance capabilities. The current 750i xDrive takes 4.3 seconds to make the sprint, and the B7 model that this new machine will replace hits 62 in 4.6. We'd expect the upcoming B7 will do better. The teaser from BMW and Alpina doesn't indicate when the new model will debut, but we'll eat our proverbial hat if it doesn't happen in Geneva. Related Video: