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Volkswagen to spend $186 bn by 2030: CEO

Financial Express Kochi

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December 07, 2025

VOLKSWAGEN GROUP PLANS to invest 160 billion euros ($186 billion) through 2030, Oliver Blume, chief executive officer said, reflecting belt-tightening as Europe’s top automakers faces a major crisis in its two key markets, China and the United States.

- REUTERS

Total spending, updated annually as part of Volkswagens rolling five-year investment plan, compares with 165 billion euros for the 2025-2029 period and 180 billion for 2024-2028, with 2024 being touted

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