Agent009 submitted on 9/16/2011 Auto Spies Photos Timestamp: 1:45:06 PM
Views : 7,480 | Category: Misc News | Source: | SOURCE: www.businessweek.com
Volkswagen AG will invest a record 62.4 billion euros ($86.1 billion) over the next five years to underpin its goal of becoming the world’s largest carmaker. The supervisory board voted today to approve the spending on plants, vehicles and research and development for the carmaker’s nine brands, the Wolfsburg, Germany-based company said in a statement. VW’s Chinese joint ventures, which are not consolidated, will invest another 14 billion euros through 2016.Frankfurt Motor Show GalleryFull Leaked Frankfurt Motor Show Guide Photo GalleryJaguar C-X16 Concept Photo GalleryFrankfurt Motor Show Preview Photo Gallery2012 BMW 6-Series Coupe M-Sport and Z4 2.8i Photo GalleryAston Martin Zagato V12 Photo Gallery2012 Jeep Wrangler PentaStar Photo Gallery2012 Toyota Camry Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on Facebook Read Article
The supervisory board voted today to approve the spending on plants, vehicles and research and development for the carmaker’s nine brands, the Wolfsburg, Germany-based company said in a statement. VW’s Chinese joint ventures, which are not consolidated, will invest another 14 billion euros through 2016.Frankfurt Motor Show GalleryFull Leaked Frankfurt Motor Show Guide Photo GalleryJaguar C-X16 Concept Photo GalleryFrankfurt Motor Show Preview Photo Gallery2012 BMW 6-Series Coupe M-Sport and Z4 2.8i Photo GalleryAston Martin Zagato V12 Photo Gallery2012 Jeep Wrangler PentaStar Photo Gallery2012 Toyota Camry Photo Gallery
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