article thumbnail

Volkswagen Group to invest $106 billion over next 5 years in Automotive Division

Green Car Congress

These include spending to expand capacity, a new Crafter plant in Poland and the new Audi plant in Mexico. Development costs will remain high in the future as a result of high innovation pressure and increasing demands on the automotive industry from CO2 legislation. billion (US$29 billion) over the next five years.

Poland 317