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Volkswagen+plans+%247bn+North+America+investment
Tuesday, 14 January 2014 - 11:55
Volkswagen plans $7bn North America investment
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German carmaker Volkswagen has said it will invest 7 billion dollasr in North America over the next five years as it looks to boost its sales in the region.

The firm will also launch a new sports utility vehicle  in the US - one of its biggest markets - in 2016.

It also reiterated its goal of selling a million Volkswagens and Audis - its luxury brand - in the US by 2018.

Volkswagen has set its sights on becoming the world's biggest carmaker by then.

 
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