Vw will decide in the next 12 months if it will expand Chattanooga plant

Article by Christian A., on May 26, 2011

Volkswagen Group will make a decision within the next 12 months if it will expand its new Tennessee factory to produce a second VW model as well as an Audi vehicle, according to CEO Martin Winterkorn.

At the grand opening of this factory, Winterkorn told reporters at the sidelines that no Porsche vehicle will be made in the U.S. Winterkorn said he is positive about VW’s future in the U.S., particularly with the company’s target to sell 1 million VW and Audi units annually by 2018.

He said that the decision on whether to expand the factory will rely on the speed of the recovery of the VW brand. Winterkorn added that VW is preparing to launch three new cars that he believes will be successful.

These vehicles are the redesigned 2011 Jetta built in Mexico and launched in 2010; the redesigned 2012 Passat that is produced by the new Tennessee factory; and the Mexico-produced redesigned 2012 Beetle that will go on sale this fall.

From the start of the year until April, the VW brand sold 95,581 units, a 17% increase compared to the same period last year. U.S. sales of the VW brand in 2010 increased by 20% to 256,830 units.

Winterkorn said VV indicates just how committed it is to the U.S. with its $1 billion investment in the Tennessee factory and the $2 billion that has been used to develop the new Passat, Jetta, and Beetle.

If you liked the article, share on:

Comments

Recommended

It has been nearly eight years since Toyota entered a new era of sports cars when it officially unveiled the production version of the Toyota 86 – also known as...
by - February 27, 2019
The new Audi TT RS – yes, the top version of the German carmaker’s facelifted TT model series – is now officially here. If you could remember, the range-topping TT...
by - February 18, 2019
Nearly half a year ago when McLaren Automotive unveiled the McLaren 600LT Coupe, the British carmaker is now introducing a version that lets its passengers enjoy the thrill of an...
by - January 25, 2019
German carmaker Volkswagen is now making the latest evolution of the new Volkswagen Golf GTI -- the new Golf GTI TCR. First unveiled as a concept at the annual GTI...
by - January 24, 2019
It has been three and a half years since BMW unveiled the sixth generation of the BMW 7 Series. Thus, it is really about to give the 7 Series a...
by - January 17, 2019