Published on November 20th, 2017 | by Subhash Nair0
Volkswagen’s €22.8 billion ‘Transform 2025+’ Budget Doesn’t Mention Pekan
Volkswagen Group’s Transform 2025+ strategy involves spending some €22.8 billion on improving factories worldwide. The money will go into two main aspects – furthering development of modular production (fewer parts into more variants/models) and e-mobility.
Most of that money (€14 billion at least) will go into German factories. Some of the other factories named include the facilities at Pamplona in Spain, Palmela in Portugal and Bratislava in Slovakia. Ground-breaking, market-oriented SUV projects are planned for plants in Mexico, the USA, South America and Russia.
No mention of the Pekan plant in the global press release. Perhaps it is too small to be a part of the Transform 2025+ strategy.