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Volkswagen announces plans to invest $7 billion in North America over the next five years, aiming to catch up with competitors in the region. The investment will include building a new plant, though the location is yet to be determined. Volkswagen's goal is to sell 1 million VW-branded vehicles annually in the U.S. market by 2018. This strategic move highlights the company's commitment to expanding its presence and increasing sales in North America.
Saturday, 11 January, 2014