Cars
VW Will Invest More Money On New Products, Plants and Tech Than Puerto Rico's GDP!
Do you know how much the VW Group will invest in new models, environmentally friendly technologies and production facilities in the coming five years? €85.6 billion or about US$106.2 billion at today's rates.
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Mercedes Reorganizes Production Around Four Main Platforms
Mercedes-Benz has announced it will invest more than €3 billion ($3.87 billion) to increase production and modernize its German passenger car and powertrain plants in 2014. Read more »...
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Audi Announces Investments Of €22 Billion Through 2018, Confirms All-new Tt For 2014
Audi has announced an extensive investment program for the next five years, with the VW-owned luxury carmaker planning to invest around €22 billion ($30.3 billion) between 2014 and 2018 in new models, innovations and the expansion of its global...
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Nissan To Invest Up To Us$2 Billion To Build Its Third Plant In Mexico In 2013
Japanese carmaker Nissan said on Wednesday it plans to invest up to US$2.0 billion (€1.5 billion) for an all-new manufacturing plant in Aguascalientes, Mexico, that will be operational by late 2013. The new facility, which will complement Nissan’s...
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Audi To Invest €11.6 Billion In New Products, Technologies And Human Resources Over The Next Five Years
In the next five years, Audi will invest approximately €11.6 billion in new products and technologies, production facilities and human resources, the Ingolstadt based manufacturer announced today. “With this investment, we are laying the...
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Vw Group To Invest €51.6 Billion In Its Automotive Division Over The Next Five Years
€51.6 billion, or about US$71 billion at today's exchange rates, is a lot of money - equal to around 15% of Sweden's GDP, for example. Nevertheless, that's the amount of money that will be poured into the Volkswagen Group's automotive...
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