Articles Tagged with "VW"

VW plans to invest more than $120B by 2015

Volkswagen plans to invest 51.6 billion euros (U.S. $ 121.2 billion) between 2011 and 2015 in its automotive division. Most of the resources or 41.3 billion euros ($ 97 billion) will be allocated for property, plant and equipment and 10.3 billion euros ($ 24.2 billion) for development costs. Of this amount, more than half must stay in Germany.

Nov. 22 , 2010