Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Neckarsulm, Ingolstadt
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

1,200 jobs
Number of planned job creations
Job creation
Announcement Date
27 December 2010
Employment effect (start)
1 January 2011
Foreseen end date
31 December 2011

Description

On 27 December 2010, the carmaker Audi announced its plans to create some 1,200 jobs in Germany in 2011. The company launched a new investment programme worth 11.6 billion euros which it wants to spend on new products, technologies and the enlargement of its sites between 2011 and 2015. Around 5 billion euros will be invested into Audi's sites in Ingolstadt and Neckarsulm.


Sources

  • 28 December 2010: Handelsblatt

Citation

Eurofound (2010), Audi, Business expansion in Germany, factsheet number 71365, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71365.