Showing posts with label invests. Show all posts
Showing posts with label invests. Show all posts

Sunday, July 11, 2010

Volkswagen invests billions of dollars in automobile production in Mexico

Volkswagen plans to invest a billion dollars in construction engine plant and expand production capacity to release a new model Volkswagen New Beetle in Mexico, the president said the executive board of the German company in the country, Otto Lindner.
Volkswagen New Beetle - a modern retro-car, heir to the legendary Beetle.
"In the next three years we expect to invest one billion dollars in the construction of a plant to produce automobile engines and new models of Volkswagen New Beetle in Mexico" - Lindner said during a meeting with Mexican President Felipe Calderon on Tuesday.