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VW plans to spend 86 billion euros chasing Toyota for global car sales lead

2014-11-21 14:12:32| Auto Dealers - Topix.net

Volkswagen Group will keep pouring money into new vehicles, technology and factories as it chases Toyota Motor Corp. for the lead as world's largest automaker. The automaker plans to invest 85.6 billion euros over the next five years, Europe's biggest manufacturer of cars, vans and trucks said today in a statement .

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