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Volkswagen Group to cut overall spending by ~€1B next year, but to boost investments in electric drive tech by €100M

Green Car Congress

NOVEMBER 20, 2015

Examples include product start-ups such as the next-generation Golf, the Audi Q5, the new Crafter plant in Poland, as well as upfront expenditures for the modular electric toolkit (MEB). These investments will be financed from the joint ventures’ own funds. billion in 2016.

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

Green Car Congress

NOVEMBER 21, 2014

These include spending to expand capacity, a new Crafter plant in Poland and the new Audi plant in Mexico. These investments will be financed from the joint ventures’ own funds. In addition, the Company will make cross-product investments of €23.0 billion (US$29 billion) over the next five years. They will invest a total of €22.0

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