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EconomyBusinessVolkswagen to Invest $7 billion in U.S.

Volkswagen to Invest $7 billion in U.S.

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The world’s third-biggest car manufacturer Volkswagen confirmed their goal of selling a million Volkswagens and Audis in the U.S. by 2018.

“As a group, we will be investing over $7bn in North America over the next five years,” said Martin Winterkorn, chief executive of Volkswagen.

References

BBC. (2014, January 12). Volkswagen plans $7bn North America investment. BBC. Retrieved January 12, 2014, from http://www.bbc.co.uk/news/business-25708528

LPH
Layne Heinyhttp://www.layneheiny.com
LPH is a high school physics teacher interested in the Apple iPad and iPhone, Microsoft Surface, Tablet PCs, and other mobile devices. He resides with one large dog who begs for pizza, hamburgers, French fries, and anything else on the dinner table.

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