Volkswagen, Volvo Investing Heavily In Future Products

Volkswagen and Volvo have both got the bank books open, with the carmakers announcing sizeable investments in future development and production.

The Volkswagen Group has announced a total investment of €84.2 billion (AU$125.9 billion) in its Automotive Division between 2014 and 2018.

Over two thirds of that amount is dedicated to ‘green’ development, including fuel-efficient vehicles and environmentally-friendly production.