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. Development of 7-seater midsize SUV is already underway; market launch is scheduled for 2016. Dr. Martin Winterkorn, CEO of Volkswagen Group, announced a more than $7-billion investment program in North America over the next five years.
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