Audi says it will decide on whether to build cars in the U.S. by 2015 and will increase capacity in Europe as it aims to topple BMW as the world's top-selling luxury brand.
Unlike rivals BMW AG and Mercedes-Benz, Audi does not have a factory in the United States.
The company will decide on a possible production site in the U.S. by 2015, Audi said in a statement on Wednesday.
The statement confirmed remarks made by Audi CEO Rupert Stadler to Automotive News Europe on the sidelines of the International Consumer Electronics Show in Las Vegas earlier this month.
Stadler said at the show that Audi sees a lot of sales growth potential in the U.S. "and wherever we sell a lot of cars, we have to produce locally in the long term."
Audi's plan to double sales by 2018 remains unchanged, Stadler added. Audi sold a record 101,629 units in the United States last year. Stadler said Audi wants U.S. sales of up to 160,000 by 2015, adding that "in the long term, we still see 200,000 units per year."
Audi may open its own factory in the U.S. or use parent company VW's factory in Chattanooga, Tennessee.