by | Nov 19, 2010 | Towing
Volkswagen (VLKAY), Europe’s top carmaker, plans to invest €51.6 billion ($71 billion) over the next five years.
The company’s supervisory board approved the investments in plants, vehicles and development for the nine Volkswagen brands, Bloomberg News reported.
Volkswagen’s Chinese joint ventures will spend an extra €10.6 billion through 2015.
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Continue reading Volkswagen Unveils $71 Billion Investment Plan
Volkswagen Unveils $71 Billion Investment Plan originally appeared on DailyFinance on Fri, 19 Nov 2010 08:20:00.
Filed Under: Company News, Technology, Autos
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The Organization for Economic Cooperation and Development upped its estimate for second quarter economic growth among its 33 member nations on signs that investment rose.
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