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Tag Archives: Euro 24 billion

Volkswagen to invest 24 billion Euros in next 5 years to launch Audi’s top models


FRANKFURT: Audi AG, the premium car brand owned by Germany’s Volkswagen AG VOW, +0.03% VLKAY, -0.12% said Saturday it plans to invest EUR24 billion ($29.3 billion) over the next five years in new models, technologies and production sites, EUR2 billion more than in the previous The investment program is part of a plan announced by parent Volkswagen last month, an ... Read More »