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Latest Norfolk Southern News

Norfolk Southern, Audi Spend as US Consumers' Spree Subsides - Bloomberg

Norfolk, Virginia-based Norfolk Southern, the fourth- largest U.S. railroad, plans to raise capital spending 22 percent, to $1.15 billion next year, to double its locomotive purchases to meet increased shipping demand. Ingolstadt, Germany-based Audi, the luxury division of Volkswagen AG, will invest as much as 4 billion euros ($4.69 billion) developing new models to meet a Target of boosting annual Sales to 1 million vehicles.

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