German automaker Volkswagen on Friday said it planned to invest more than 34 billion euros ($40 billion) over the next five years in new technologies to advance its push to become a global leader in electric cars.
"We are reinventing the car," chief executive Matthias Mueller said after a meeting of the group's supervisory board, adding that the bulk of the spending would be on developing electric and hybrid cars.
GMT 14:50 2017 Thursday ,14 December
ECB ups eurozone growth forecasts for 2017-2019GMT 14:47 2017 Thursday ,14 December
ECB expects inflation to hit 1.7% in 2020, still below goalMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©