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With increased range, Audi R8 E-Tron revving up for production. Maybe

As Tesla Motors proved mightily in 2013, an expensive EV with a long range can sell quite nicely, thank you very much. Perhaps Audi was taking notes, since its all-electric R8 E-Tron's on-again/off-again odyssey appears to be on again, according to UK's Autocar, citing Audi's Urlich Hackenburg. The model is near the approval stage for production, and the key to the green-light is the fact that its single-charge range has been almost doubled to 250 miles. The R8 E-Tron gained kudos in these parts last June by turning in a rather brisk 8:09 time around Germany's Nurburgring track, a record for a production electric vehicle (check out the really quiet video here). Still, plans for the 376-horsepower model, which has two electric motors and was first shown off at the Frankfurt Auto Show in 2009, had been put on the proverbial blocks largely because of a relatively short single-charge range of about 150 miles. Then word came out last spring that Audi would produce maybe 10 units before reports from Australia's Drive late last year indicated that plans for potentially broader production were being resuscitated.

2017 Audi TT RS arrives with 400 horsepower

If the Audi TT was ever considered to be more style than substance, that stereotype can be put to rest with the arrival of the new TT RS. Revealed in both coupe and convertible bodystyles at the Beijing Motor Show today, Ingolstadt's latest performance models boast 400 horsepower. And for nostalgic VW and Audi fans, this is still the only way to buy a five-cylinder engine. For those keeping track, that represents an increase of 60 hp over the previous version, accompanied by 354 pound-feet of torque. Channeled to all four wheels in typical Quattro style, those 400 horses will propel the TT RS to 62 miles per hour from a standstill in as little as 3.7 seconds. That's enough to undercut the new Porsche 718 Cayman S by a good few tenths, and will leave the vast majority of drivers on the road or track looking at its pair of oval tailpipes, OLED taillights, and fixed rear wing rather than the new front end with its oversized air intakes. Those lucky enough to find themselves inside the new TT RS will find a pair of low-slung bucket seats along with standard TT fare like a 12.3-inch Virtual Cockpit display, Audi Connect infotainment system, and inductive smartphone charging. US pricing and availability are still being worked out, but Audi of America spokesman Mark Dahncke tells Autoblog that the new TT RS will arrive in showrooms Stateside "sometime next year." Overseas the new model is set to launch in the fall. The starting price of ˆ66,400 euros listed for Europe works out to nearly $75k at current exchange rates. More tellingly the TT RS price is just above the ˆ64,118 that Porsche charges for the new 718 Cayman S. This is clearly one bout of sibling rivalry that's just heating up. Related Video: Dynamic duo: Audi TT RS Coupe and Audi TT RS Roadster Audi is sending the most powerful TT ever into the competitive field. Its newly developed five-cylinder engine delivers 400 hp – accompanied by unmistakable engine sound. The Coupe and Roadster are celebrating their world premieres at the Beijing Motor Show. Muscular front end, large air inlets, low-positioned spoiler, fixed rear wing – at first glance, the Audi TT RS* clearly hints at just how much power there is under its streamlined skin. Its new five-cylinder aluminum engine delivers 400 hp, which is 60 hp more than the power of the previous model.

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.