Volkswagen Unable to Approve Its Investment Plan Due to Massive Budget Deficit - Reports

NAMPA / Sputnik

2025-11-14

MOSCOW, November 14 (RIA Novosti) - The supervisory board of German automaker Volkswagen postponed the approval of its investment plan, scheduled for Friday, due to the unclear budget situation and tense market conditions, German newspaper Bild reported, citing company sources. The company is short of approximately 11 billion euros ($12.7 billion) in investment funds for next year alone, the report said on Thursday. Since it is still unclear w......

Restricted content

Latest NAMPA photos

WINDHOEK, 13 November 2025 - Deputy Governor of the Bank of Namibia (BoN), Ebson Uanguta. (Photo by: Molly Weyulu) NAMPA

NAMPA

WINDHOEK, 13 November 2025 - Minister of Education, Innovation, Youth, Sport, Arts and Culture, Sanet Steenkamp. (Photo by: Molly Weyulu) NAMPA

NAMPA

WINDHOEK, 13 November 2025 - Deputy Minister of Education, Innovation, Youth, Sport, Arts & Culture, Dino Ballotti. (Photo by: Molly Weyulu) NAMPA

NAMPA

WINDHOEK, 13 November 2025 - Governor of the Bank of Namibia (BoN), Johannes !Gawaxab. (Photo by: Molly Weyulu) NAMPA

NAMPA

OTJOMBINDE - Electoral Commission of Namibia cleared up corruption allegations on recruitment in Otjombinde (Photo: Contributed)

NAMPA

RUNDU, 12 November 2025 - Officials from the International University of Management and health officials from the Rundu State Hospital tour the hospital facilities. (Photo by: Sawi Hausiku) NAMPA

NAMPA

ONHINDA, 11 November 2025 - The NamPower Foundation on Tuesday handed over a three-classroom block at Titus Ndjaba Combined School, as well as a guardroom and school fence at Oluwaya Combined School in the Epembe constituency of the Ohangwena Region. (Photo by: Max Henrich) NAMPA

NAMPA

Ncamagoro, 11 November 2025 - Kavango West Governor Verna Sinimbo launched a region-wide fruit tree planting campaign and creative industries awareness programme in the Ncamagoro Constituency on Tuesday. (Photo: Contributed)

NAMPA