VW: Investing €9.5 billion until 2010

VW will invest €9.5 billion until 2010 into their factories.

The company has earmarked €9.5 billion for investment over the next three years. A lion’s share of the moolah, 6.5 billion euros will go into new products while 1.7 billion euros will be invested in emerging markets like India and Russia, along with a third assembly line and the press shop in Wolfsburg and the paintshop in Pamplona.

Wolfsburg plant will get 479 million euros, 229 million for the Brunswick plant, 540 million for the Kassel plant and there’s more money for other plants as well.

Related news: GermanCarBlog, P4MR, VW

Source: Auto Motto

Watch more TV. The German Car TV.

Read more