Volkswagen group to invest $186 billion through 2030, CEO tells FAS

Dr Ing hc F Porsche AG

06/12/2025 09:18

FRANKFURT, Dec 6 (Reuters) - The Volkswagen Group, which includes the Porsche P911_p.DE and Audi brands, plans to invest 160 billion euros ($186 billion) over the next five years, Chief Executive Oliver Blume told weekly Frankfurter Allgemeine Zeitung (FAS).

"The focus is on Germany and Europe. On products, technologies, production facilities and infrastructure," Blume was quoted as saying.

"At the same time, we finance developments in future-oriented fields such as battery cells, software and autonomous driving."

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 (Reporting by Christoph Steitz
Editing by Bernadette Baum)

 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))