Better-Than-Expected Europe Recovery Brings New Investment

German carmaker Volkswagen has unveiled plans to invest EUR1bn (US$1.4bn) in Slovakia over the next five years, in an attempt to increase production capacity at its Bratislava plant to 400,000 vehicles a year. Although it stands as the first new auto investment in the country this year, it complements plans for production increases announced by other carmakers in the country.

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