VW votes on major electrification plan

• Volkswagen's (OTCPK:VWAGY) supervisory board will vote today on a multi-billion euro investment plan, including steps to retool three German plants to mass produce electric cars and to explore alliances with battery partners and rival carmakers - like Ford (NYSE:F).
• Industrial jobs tied to building petrol and diesel engine vehicles will also have to be addressed, as Herbert Diess, chief executive since April, makes his mark on the group surrounded by the EV revolution.