Volkswagen Group plans to invest 160 billion euros ($186 billion) through 2030, its CEO Oliver Blume said, reflecting belt-tightening as Europe's top automakers faces a major crisis in its two key markets, China and the United States.
The European Commission has started a review of the anti-subsidy tariffs on Volkswagen's electric vehicles built in China, which could lead to them being replaced with a minimum price undertaking, the EU official journal said on Thursday.
In der Gläsernen Manufaktur von Volkswagen DE0007664039 (VW DE0007664039) in der sächsischen Landeshauptstadt Dresden soll ein Innovationscampus entstehen.
Niedersachsens Ministerpräsident Olaf Lies (SPD) wird am Mittwoch (ab 9.30 Uhr) zur Volkswagen DE0007664039-Betriebsversammlung in der Wolfsburger Konzernzentrale erwartet.
Rheinmetall CEO Armin Papperger said on Thursday that the German defence company is not currently negotiating with carmaker Volkswagen about its factory in Osnabrueck.
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