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VW's Audi to Step up Investments in 2015-19 on Models, Plants

By Clip Syndicate
Volkswagen's Audi luxury division said on Saturday it will increase spending on new models, plants and technology by 2 billion euros to a record 24 billion euros over the next five years. Audi, which contributes 40 percent to operating profit at Europe's largest automotive group, said more than half of planned investments will be assigned to its two German factories in Ingolstadt and Neckarsulm, confirming a Reuters story.

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