Volkswagen Group to Invest 4B by 2011 to Expand Activities in China
Green Car Congress
SEPTEMBER 12, 2009
The investments are to be financed from the cash flow of the Chinese joint venture companies. Volkswagen Group China is well on the way to reaching the target of doubling sales to two million vehicles laid down in our Strategy 2018 earlier than planned. —Dr. Between 2009 and 2011, the Group is to invest a total of €4 billion (US$5.8
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