The Volkswagen Group will invest 85.6 billion euros in 2015-2019 for the development of new models and innovative technologies as well as global operations. About two-thirds of the investment will be used for energy-efficient vehicles, drive systems and environmentally friendly production. Medical Moulding Injection, injection moulding medical products, medical device injection moulding, medical product injection moulding Guangzhou One-Stop Engineering Plastics Industries (group) Co., Ltd , http://www.onestopmould.com
Dr. Wen Deen, Chairman of the Board of Management of the Volkswagen Group, said: "We will continue to deepen our investment in the future and launch the best performing and most sustainable products, which will make the Group an environmentally and economically leading automotive company. In the future, with the increasing demand for innovation and the increasing requirements of the carbon dioxide emission regulations for the automotive industry, the cost of vehicle development will remain high. The Volkswagen Group will continue to leverage its technology and capital advantages to further expand our technology leadership. Status and achieve the goals of the 2018 strategy."
According to the investment plan, the Volkswagen Group will use 41.3 billion euros (about 64% of the total investment) to update and expand the product portfolio of all brands, and the A/A0 SUV will become the key investment target. In addition, the above investment will also be applied to modular technology and its related components.
It is understood that Volkswagen's joint venture in China is not included in the above investment plan. From 2015 to 2019, Chinese joint ventures will use their own funds to invest 22 billion euros to build new production facilities and develop new products.
· Volkswagen will invest another 85.6 billion euros to expand business without involving China