Audi has disclosed plans of investing 22 billion EUR through 2018 on their quest to hit two million sales per year.

Audi has disclosed plans of investing 22 billion EUR through 2018 on their quest to hit two million sales per year.

More than a month ago Volkswagen announced a huge 84.2 billion EUR investment for the next five years and it seems 22 billion EUR of those funds will be directed to Audi. The Ingolstadt-based automaker managed to deliver 1.5 million cars this year and the firm's next objective is to sell 2 million units. They already announced a lineup expansion from 49 to 60 models by 2020 and they plan on hiring new employees.

Audi says the third generation of the "design icon" TT will go on sale next year, while the Q1 entry-level crossover is planned for a 2016 release. Brazilian production will commence in 2015 São José dos Pinhais where the brand with the four rings will build the A3 Sedan and Q3.

Further details can be accessed from the press release area.

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Audi announces massive 22 billion EUR investment, third-gen TT coming in 2014