Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil
Green Car Congress
JULY 5, 2023
The Volkswagen brand aims to make significant gains in South America with a major product offensive. Hybrid vehicles will also follow in the medium-term. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world. and the ID.
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