Audi outlines expansion devise for China business

Posted on 14. Nov, 2016 by in Volkswagen Canada


• Partnership with FAW-Volkswagen intensifies in largest market
• Audi CEO Rupert Stadler: “Local e-tron descent with 5 models in 5 years”
• AUDI AG and SAIC enter team-work talks

Audi has summarized a expansion devise for a corner business with FAW Group for a subsequent 10 years, environment a march for tolerable expansion in a brand’s largest tellurian market. The partners will feature their team-work in pivotal destiny fields of a vehicle industry.

Within a subsequent 5 years, a corner venture, FAW-Volkswagen, will supplement 5 locally-produced Audi e-tron models to a China portfolio – including pristine battery vehicles with a operation of some-more than 500 kilometres. “Our e-tron descent lays down a clever pen for a future,” pronounced Prof. Rupert Stadler, Chairman of a Board of Management of AUDI AG. “Audi and FAW have cooperated closely together for some-more than a entertain of a century. With a long-term expansion devise we will build on this successful partnership.”

By 2025, Audi, with FAW-Volkswagen, will offer during slightest one locally-produced electrically powered SUV and sedan indication in all volume segments and, with this, there will be an e-tron indication in any of a 6 biggest segments. The foundation of prolongation in China has already begun with a Audi A6 L e-tron. The initial locally-manufactured plug-in hybrid will be delivered to dealerships before a finish of 2016.

Within a horizon of a 10-year business devise with FAW, AUDI AG will strengthen a team-work with a prolongation and growth departments of FAW-Volkswagen in a area of electric mobility, thereby building adult pivotal competencies for destiny technologies in a corner venture.

Together, Audi and FAW will rise a serve margin of a future. In 2017 a partners devise to set adult a corner association focusing on mobility and digital services. To bond a corner try some-more with a trend-metropolis Beijing, comparison sales and selling functions will be formed in a collateral in a future.

Audi constantly evaluates new business opportunities in a brand’s largest market. The longtime Volkswagen Group partner SAIC Motor has entered team-work talks with AUDI AG to weigh a long-term partnership in China. A chit of bargain has been sealed on Nov 11, 2016 to this effect. SAIC is a partner of VOLKSWAGEN AG in a corner try SAIC Volkswagen.

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