Volkswagen to decide on 160 bln euro investment budget, Handelsblatt reports

Core Insights - Volkswagen's supervisory board is scheduled to make a decision on the allocation of a five-year investment budget amounting to approximately 160 billion euros ($186 billion) [1] Investment Allocation - The investment budget is aimed at enhancing Volkswagen's competitiveness and innovation in the automotive industry [1] - The decision will likely focus on areas such as electric vehicle development, digitalization, and sustainability initiatives [1]