Volkswagen Planning To Spend Its Way Through The European Crisis

 Volkswagen is expected to increase planned investment in new vehicles and factories, looking beyond a European slump to its long-term goal to be the world's largest car maker.

While the multi-brand group is less exposed to austerity-hit Europe than rivals PSA Peugeot Citroen (PEUP.PA) and Fiat (FIA.MI), finding the cash to achieve its goal is becoming harder and it has to balance keeping a tight rein on short-term costs with the need to develop new products.

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USNA1999 - 11/23/2012 1:50:25 PM

+1 Boost

I guess OBAMA and VW think alike: Spend their ways through the economic crisis. Personally, I think this is an extremely poor strategy for both VW and this country.

chewy - 11/23/2012 9:46:14 PM

+1 Boost

VW is investing in new platforms and technologies while many competitors are barely updating their product trying to preserve the little cash they have left. Once sales pick up people are going to be buying qualty products and not outdated stuff.