Volkswagen's Coming $114 Billion Spending Spree

It's an incredible-sounding amount of money: 84.2 billion euros, or about $114 billion. That's what German auto giant Volkswagen  (NASDAQOTH: VLKAY  ) says it's going to spend over the next five years, as VW's all-out push to become the world's largest automaker by 2018 hits its final stage.

Believe it or not, that $114 billion represents a reduction from VW's past plans. In this video, Fool contributor John Rosevear looks at what VW wants to get for all that money -- and at how the company will attempt to spend big while increasing its profitability at the same time.

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  • Report this Comment On December 02, 2013, at 12:59 AM, RobertBrad wrote:

    Volkswagen sold just over nine million vehicles in 2012.Volkswagen unit sales growth of 11.2% in 2012, the company plans to spend around $114 billion over the next decade towards expansion and R&D. Volkswagen spends the highest amount on research and development, and its recent focus has been on all-electric vehicles for both the passenger and the commercial market.http://bit.ly/19cHaYo

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