Volkswagen Opens the Coffers and Invests $42.9 BILLION Over The Next 36 months

Volkswagen Opens the Coffers and Invests $42.9 BILLION Over The Next 36 months
Volkswagen will be going on a huge spending spree in coming years to help reach its target of ten million vehicle sales by 2018. Already we’ve reported about the carmaker’s strategy to reduce its vehicle architectures to four main platforms, and now we have news of a $14.1 billion investment plan though until 2010.

For the entire VW Group, close to $42.9 billion will be spent in the coming three years. This covers brands such as Skoda, Bugatti, Lamborghini, Bentley, Seat and Audi as well as VW.


Read Article

SpectatorSpectator - 11/29/2007 1:11:22 PM
0 Boost
Hopfully alot of that money goes to quality and reliability. They have been severly lacking of late.

The "a large majority will go to the carmaker’s five main western German assembly and component plants" would be a good start.


EnnNorakEnnNorak - 11/29/2007 2:45:51 PM
+2 Boost
The only reliability problem I'm aware of involves the coils in their coil-over-plug ignition system. If they can't find a reliable supplier for them, they should make them in house even if it costs a bit more.


Htay7500Htay7500 - 11/29/2007 6:42:29 PM
+1 Boost
VW, in the past few years or so, suffered a setback in the US market for reliability, quality and customer service leaving them percieved unreliable and overpriced. they could use this investment to improve themselves to a better situation.


autoproautopro - 11/29/2007 3:44:23 PM
-2 Boost
That's their used to it,their too dumb to buy a Lexus or toyota.


LarryLarry - 11/29/2007 6:12:55 PM
+1 Boost
just last year porsche had to save Volkwagen by buying 30% of the the company, now spending $42 billion 2 years ago the company was losing billions, not the toyota way.


LarryLarry - 11/29/2007 6:16:53 PM
-1 Boost
why not make a profit once in a while before spending so much, If volkswagen was profitible a couple years ago they would not need Porsche. For example Toyota has been making a profit every year since the 1960's.


atomicbriatomicbri - 11/29/2007 7:41:16 PM
+3 Boost
LOL None of you all seem to even know VW outside the US... these comments kill me. Porsche is buying into VW because it does not want anyone foreign buying into Volkswagen. From 1997 thru 2006 only 2002 did it dip slightly, the whole time it made profits. Volkswagen has great sales worldwide, minus the US, and for some reason the US seems to get lemons while the rest of the world gets well built VWs.... We own a VW here in the states and it is built fine, no issues whatsoever...


autoproautopro - 12/1/2007 4:43:02 PM
0 Boost
European vw's are stripped down to save wright and gas.Americans want electronic gismos these only work if their made in Japan.That's why Mercedes and BMW are having so many problems,they need to have their electronics made in Japan.


motomoto - 12/4/2007 1:53:28 AM
+1 Boost
autopro: i stopped reading your comments when you started being stupid. Enough flagwaving already.

Reliability is partially a function of the number of options on the car. Germans have increased the options and complexity of their vehicles, on average, more than most Asian automakers. What isn't shown in your favorite quality references are the number of problems on a component-per-component basis. You will be surprised that the parts under the skin by Bosch, ZF, BASF, and so forth are statistically every bit as reliable as bits by Matsushita, Toyoda, Aisin, et al.

So please do us all a favor: shut up if you have nothing to offer but your own ignorant biases.
Copyright 2026 AutoSpies.com, LLC