Volkswagen Group to Invest 2.3B in Brazil by 2014; Targeting 1M vehicles
Green Car Congress
NOVEMBER 27, 2009
Volkswagen will be investing a total of €2.3 billion) in new products and manufacturing capacity expansion in Brazil between 2009 and 2014. We will enjoy significant growth in Brazil this year and win market share. —Thomas Schmall, CEO Volkswagen do Brasil. Brazil is seen as a market with high growth potential.
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