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Volkswagen’s premium division Audi is aiming to increase its global sales to at least 1 million cars in 2008. The company hopes to spend about 10 billion euros ($14 billion) within the next five years on growing its model lineup.

“We want a breakthrough next year, selling at least 1 million vehicles,” Rupert Stadler told Reuters in an interview at the Tokyo Motor Show...

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Audi to spend $14 billion on new cars in 5 years

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