The Volkswagen Group, which includes the Porsche and Audi brands, plans to invest 160 billion euros ($186 billion) over the next five years, Chief Executive Oliver Blume told weekly Frankfurter Allgemeine Zeitung (FAS). "The focus is on Germany and Europe. On products, technologies, production facilities and infrastructure," Blume was quoted as saying. "At the same time, we finance developments in future-oriented fields such as battery cells, software and autonomous driving."

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