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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

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