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Bloomberg News reported earlier this week of Volkswagen’s multi-million dollar sponsorship of Museum of Modern Art in NYC. This announcement comes at the time when Volkswagen is said to actively pursue an expansion strategy into the US market. Exact amount of the sponsorship is not being disclosed.
More about Volkswagen expansion
Just recently, Volkswagen vouched to become world’s biggest automaker. It’s growth is expected to come from aggressive expansion across the US and international markets. In line with the growth plan, Volkswagen unveiled a $1 billion factory in Chattanooga, Tennessee.