UPDATE 2-VW shields car investment from cuts as targets global crown

Newswire

* To spend 84.2 bln euros in autos division from 2014-8 * Lower investment on non-vehicle projects vs last year * Investments on new, upgraded models unaffected By Andreas Cremer LONDON, Nov 22 (Reuters) - Volkswagen will keep up spending on new and upgraded cars in its drive to become the world's biggest automaker by 2018, while making savings in other areas to cope with rising costs and a tough economic backdrop. ...

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