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Audi could announce second phase of expansion next week - website

German carmaker Audi could announce the second phase of its expansion when laying the cornerstone for the first phase next week, according to regional website

The second phase could be completed by 2018, nyugat.hir reported.

Audi announced a €900 million expansion at the base last September. The investment is to raise output at the plant to 125,000 cars a year from 2013 and create 1,800 jobs.

Audi Hungaria Motor will get a HUF 11.2 billion investment grant from the state of Hungary to support the expansion.