With plans to give the world more of their wonders, such as the XL1, Twin Up! and Jetta, through 2018, Volkswagen has opted to shield their product spending from cost-cutting.
The German automaker plans to devote 65 percent of their overall $113 billion investment over the next four years to their line of wares and the technology behind them in all vehicle classes, both tied to their MQB modular archecture and the coming Euro 6 emissions standard.
Spending related to anything other than the above — such as construction projects for new facilities — will drop to $17.2 billion between this year and 2015, all in an effort to boost financial sustainability and profit margins.
Speaking of profits, Volkswagen aims to raise their operating margin from 3.5 to 6 percent of sales, and expects their 2013 margin to match the $15.6 million earned in 2012 when the year draws to a close.
from The Truth About Cars http://www.thetruthaboutcars.com
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