Volkswagen Group is scaling back its investment plans to €160 billion through 2030, citing pressure in China and the US. CEO Oliver Blume emphasized...
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Maroc - Times of India - Business - 06/Dec 13:58
Volkswagen Group is scaling back its investment plans to €160 billion through 2030, citing pressure in China and the US. CEO Oliver Blume emphasized a focus on Germany and Europe for products, technology, and infrastructure. Porsche's EV strategy is being rolled back, with no expected growth in China, while Audi's US plant decision hinges on financial support.
Volkswagen Group is scaling back its investment plans to €160 billion through 2030, citing pressure in China and the US. CEO Oliver Blume emphasized...
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