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FRANKFURT (Reuters) -- Volkswagen said on Thursday it is reviewing group-wide investments and expenditure due to the crisis in international car markets.

The company's comment came ahead of a supervisory board meeting on Friday to set its annual rolling investment budgets.

VW reiterated that its 2018 sales and return targets remained untouched by current economic concerns.

It also said that developing greener solutions for the automotive industry would take greater spending priority in the future as it aims to significantly increase the number of vehicles with carbon emissions of less than 100 grams per kilometer by 2010.

Currently it offers 24 models with emissions below 120 g/km.

Volkswagen proposed to spend 8 billion euros in r&d and investments related to new models and technologies designed to improve automotive design and materials as well as engines, for example bolstering its activities in alternative powertrains and downsized engines.

"The environment is moving more than ever before into the foreground," a spokesman for the company said.