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Volkswagen Group to Invest 4B by 2011 to Expand Activities in China

Green Car Congress

Between 2009 and 2011, the Group is to invest a total of €4 billion (US$5.8 The investments are to be financed from the cash flow of the Chinese joint venture companies. In China, we will see clear double-digit growth in 2009 and expect to remain the market leader in the future. percent) in the first half of 2009.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Volkswagen is Europe’s largest automaker, and saw its global new vehicle market share increase to 11% during the first quarter of 2009. We have rock-solid finances. We have nine strong brands that work well together. We have a huge technological potential, despite the crisis. 2 -neutral fuels play another key role.

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