Audi will unveil new Q2 and Q5 crossovers next year

In laying the foundations for future growth, Audi has announced a $4.6 billion investment plan, which will include the launch of two new crossovers: the new Q5, and the additional of a new Q2 model into the range.

Audi CEO Rupert Stradler stated, "A significant portion of our investment is naturally in the field of alternative drive systems." In 2018, the first large-series battery-electric vehicle of the brand with the Four Rings will be launched, based on the Audi e-tron Quattro concept. By 2020, Audi will expand its model range to include 60 different automobiles.

"We are continuing with our high levels of investment in future technologies to enhance the strong position of our brand," emphasised Stadler.

While Audi is consciously investing in new models and technologies, as well as in the expansion of its worldwide production network, CFO Axel Strotbek also sees potential for continual cost improvements. "With the current investment program, we obviously want to enhance the brand's strong position, but at the same time, we aim to achieve additional financial scope by means of further process and cost optimisation," he said.