Audi to invest $30.3 billion through 2018 on product expansion

Audi plans to increase its product range to 60 models by 2020 from about 49 currently.

By:

Tom Lavell

December 27, 2013 05:00 AM

FRANKFURT (Bloomberg) -- Volkswagen AG's Audi division, the world's second-biggest maker of luxury cars, plans to spend 22 billion euros ($30.3 billion) through 2018, pushing models such as electric autos to gain the top spot in the premium segment.

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