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Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

Green Car Congress

The ratio of capital expenditure to sales revenue will be at a competitive level of around 6% on average in the period from 2012 to 2016. The Volkswagen Group is investing a record amount in forward-looking projects to achieve its goal of becoming the world’s best automobile manufacturer in economic and ecological terms.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

Global ŠKODA sales reached 1.3 million cars in 2016. The Volkswagen Group is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. In 2000, it became a wholly-owned subsidiary of the Group.

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Automakers Support Obama Administrations Development of National Program for Reducing Carbon Emissions and Fuel Consumption

Green Car Congress

The US auto industry, via the Alliance of Automobile Manufacturers, is lining up to support a new national, harmonized program to reduce carbon emissions and fuel consumption that President Obama will announce on Tuesday, 19 May. —Dave McCurdy, president and CEO, Alliance of Automobile Manufacturers. Earlier post.).

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