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Volkswagen Says to Invest More Than 62 Billion Euros Until 2016

The Volkswagen AG logo sits on a wheel of a new Beetle automobile during the Frankfurt Motor Show, in Frankfurt. Photographer: Jason Alden/Bloomberg
The Volkswagen AG logo sits on a wheel of a new Beetle automobile during the Frankfurt Motor Show, in Frankfurt. Photographer: Jason Alden/Bloomberg

Sept. 16 (Bloomberg) -- Volkswagen AG will invest more than 62 billion euros until 2016 on developing new models, environmentally safe technologies and facilities, the company said in an e-mailed statment today.

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To contact the editor responsible for this story: Rajiv Sekhri at rsekhri1@bloomberg.net

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