Volkswagen Puts $86 Billion Towards Being Number One But Is It Worth It?

Volkswagen AG will invest a record 62.4 billion euros ($86.1 billion) over the next five years to underpin its goal of becoming the world’s largest carmaker.

The supervisory board voted today to approve the spending on plants, vehicles and research and development for the carmaker’s nine brands, the Wolfsburg, Germany-based company said in a statement. VW’s Chinese joint ventures, which are not consolidated, will invest another 14 billion euros through 2016.



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PUGPROUD - 9/16/2011 4:56:29 PM

+1 Boost

When does economy of scale turn into too big to manage...we will see if VW can avoid problems GM and Toyota have had...

commander104 - 9/16/2011 9:48:31 PM

+3 Boost

i can get a golf tdi but cant justify it when looking at the new accent.

uaw_lax - 9/17/2011 1:37:40 AM

0 Boost

I see your point, but which with have the best reliability?

dlin - 9/17/2011 2:22:55 AM

+2 Boost

Not that Korean or American cannot catch up, but so far Japanese still has the best reliability. Just ask any mechanic.

Would consider AUDI, Lambo, etc. No VW for me though.

Audiphile - 9/17/2011 1:38:56 PM

0 Boost

Commander, please explain what you mean by "new accent". I would appreciate it.

Audiphile - 9/17/2011 1:36:49 PM

+2 Boost

Volkswagen will have to improve its record for reliability before having a realistic chance of achieving AND maintaining the #1 sales leadership.