Volkswagen Group to cut overall spending by ~€1B next year, but to boost investments in electric drive tech by €100M

Green Car Congress
By mmillikinNov 20, 2015, 10:14 am240 pts
The Volkswagen Group is cutting its planned investments in its Automotive Division for next year as it girds itself for the financial impacts of responding to the diesel emission issue. The Group will cap planned investments in property, plant and equipment, investment property and intangible assets, excluding…

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