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flag Volkswagen cuts 2030 investment to €160B, shifting focus to Europe amid China and U.S. challenges.

flag Volkswagen Group will invest 160 billion euros ($186 billion) through 2030, down from earlier projections, as it adjusts to challenges in China and the U.S. flag The focus shifts to Germany and Europe for production, technology, and infrastructure. flag Investments will target battery cells, software, and autonomous driving. flag Audi’s U.S. plant depends on government incentives, while Porsche may develop a China-specific model and consider local production, though it won’t expand sales there. flag CEO Oliver Blume will remain until 2030 amid ongoing cost and performance pressures.

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