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Volkswagen Group to Invest €50 Billion During Next Three Years
Volkswagen Group will invest €50.2 billion in its Automotive Division in the coming three years after approval by its Supervisory Board last week. It’s the latest step in VW’s attempt to become the world’s largest Automotive Group by 2018. The ambitious target that will require overtaking GM and holding off a resurgent Toyota, neither of which will concede sales lightly. Continue reading
Posted in auto news, financial results, news analysis
Tagged auto informed, autoinformed.com, automotive news, eu, global auto market, GM, Ken Zino, toyota, vw group
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