Following the announcement at its Annual Press Conference 2015, Audi AG has re-confirmed the Audi Q8 SUV. At its 126th Annual General Meeting in Neckarsulm this week, the company re-confirmed the forthcoming crossover/SUV range-topper and revealed more about its plans for the next five years. The company has approved €24 billion of capital investment for 2015-2019 and 70% will flow into development of new models and technologies.
The German automaker plans to expand its current product range of 52 models to 60 by 2020. First up, is the next generation A4 that will debut at the 2015 International Motor Show (IAA) in Frankfurt. The all-new A4 range will include a natural gas version also, which will be called the ‘A4 g-tron’. The next, among the known for now, will be the new entry-level crossover Q1 that will be launched in 2016. It will be built at alongside the A3, A4, A5 and Q5 at the company’s hometown plant in Ingolstadt in the state of Bavaria. 2017 will see the launch of the next generation A8 with traffic-jam pilot on board and automatic parking.
At the Annual Press Conference in March this year, CEO Rupert Stadler said that 2018 will see the launch of a new battery-powered sports activity vehicle. Now, at the Annual General Meeting, it was announced that this will be a sporty SUV positioned in the upper mid segment. This sort of indicates that it will sit between the Q5 and the Q7, possibly bearing the ‘Q6’ moniker.
The last among the confirmed three new Q-range of crossovers and SUVs, will be the Range Rover-rivaling Q8 SUV arriving in 2019. It may have optional three-row seating and an hybrid electric version is very likely.