--Volkswagen AG plans to invest more than 1 billion euros ($988.5 million) in a Chinese joint venture for software production, Reuters reports, citing unnamed sources.

--The German auto maker declined to comment but an official announcement is expected next week, Reuters reports.

Full story: https://reut.rs/3EhLRcl

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

October 06, 2022 06:20 ET (10:20 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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