INGOLSTADT, Germany — Audi AG confirmed that it will launch a new A5 coupe in 2007, one of several new-model introductions next year, including the TT roadster and the R8 supercar.
According to sources in Europe, Audi will launch the new A5 coupe next spring. It should reach U.S. showrooms later in the year as a 2008 model.
The two-door A5 will share its basic underpinnings with the next-generation A4 sedan. Design cues appear to be lifted from such Audi show cars as the Nuvolari.
The A5 will be aimed primarily at BMW's 3 Series coupe. An A5 convertible, due in 2009, will replace the current A4 cabrio. High-performance R5 and RS5 variants of both coupe and convertible are said to be in the pipeline.
Around 8.4 billion euros ($11 billion U.S.) of the total investment volume will be invested in new Audi vehicles alone. The Audi brand intends to extend its range of vehicle models from the existing 22 to a total of 40 by the year 2015.
"Investments in new models, in product innovations and core competencies are the lifeblood of any company," said Rupert Stadler, board member for finance and future chairman of the board of management. "We can only ensure our corporate success by offering a range of attractive products. This is therefore also an investment in the future of the company and is decisive in safeguarding our jobs."
Audi will be launching several new models or variants on the market next year. The Audi A5 Coupe, Audi TT Roadster and Audi R8 midengine sports car will be among the models to expand the range from 2007 onwards.
© Source: article on insideline
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