Volkswagen Group CEO: >$7B investment in N. America over next 5 years; mid-size SUV for US launching in 2016
Green Car Congress
JANUARY 13, 2014
On the eve of the North American International Auto Show (NAIAS) in Detroit, Prof. Dr. Martin Winterkorn, CEO of Volkswagen Group, announced a more than $7-billion investment program in North America over the next five years. Development of 7-seater midsize SUV is already underway; market launch is scheduled for 2016.
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