Car manufacturer to build new A3 Cabriolet in Hungary
manufacturer Audi AG will manufacture its new A3 Cabriolet at its plant in
company’s chairman Rupert Stadler told journalists in
said that it was an easy decision to manufacturer the car in the Hungarian
plant because of its previous good record. While he refused to give exact
details on the planned production figures, he said that the vehicle would hit
the markets in the spring of 2008.
Gov’t bowed to pressure
autumn threatened to pull all further investment from
the government hit the company with a new 4% “solidarity” tax as part of its
efforts to cut its huge budget deficit. The government was then forced to
placate Audi by allowing it to write off the tax on research and development
Minister Ferenc Gyurcsány, speaking alongside Stadler, said that the government
was still in talks over the exact investment support it would provide to Audi.
“As soon as
we sign the investment support contract, we will reveal the details, since this
is about taxpayers’ money,” he said.
Audi first began manufacturing vehicles in
with the TT sports car. This year it foresees manufacturing 50,000 TT units,
more than double the previous year. The Hungarian plant also manufactured
almost 2 million engines in 2006.