Volkswagen Needs to Make Additional Investments in U.S., Reuters Reports, Citing CFO

By Dominic Chopping

-- Volkswagen will need to make additional investments in the U.S. to hit its target of doubling market share in the country, Reuters reports, citing Chief Financial Officer Arno Antlitz on the sidelines of the World Economic Forum in Davos.

-- Antlitz said VW is strong in Europe, but the German car maker needs to add more value in the U.S., noting research and development as a potential area to invest, according to Reuters.

Full story: https://tinyurl.com/3869azc3

Write to Dominic Chopping at [e-mail]

(END) Dow Jones Newswires

01-23-25 0939ET