Friday, September 16, 2011

VW Wants Number One Spot, Will Invest US$86 Billion to Achieve its Goal

Volkswagen’s Supervisory Board has approved a cash influx of €62.4 billion (US$86 billion) into its automotive division over the course of five years. The investment is necessary if VW’s plan to overtake GM and Toyota and become the world’s number one car manufacturer is to succeed. Read more »


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