27 Votes

Boost it!

The German Website Handelsblatt.

com is reporting today, that the planned US Volkswagen assembly plant planned for 2010 will not only assemble VW and Audi products, but the Porsche Cayenne as well.

With the sinking US dollar and the under valued Yen, it has become increasingly important for the European automakers to establish plants in the US to maintain competitive leverage against the Japansese in the U.S. market.  Volkswagen currently has a short list on the candidates in  Alabama, Tennessee and Michigan and will make a decision in the next few weeks for the location of the plant, with completion slated for late 2010.

VW aims to increase sales in the US from a modest 230,000 units to over 800,000 through the next decade; with that type of growth, a US plant will be mandatory.



Read Article

Is This Good? Volkswagen's New U.S. Plant Will Also Build Porsches

About the Author

Agent009

User Comments

Bmw8ter
Audiphile
Bmw8ter
Agent63
993Turbo
Audiphile
sector
TurboSpyder
ghosthunter
t_bone
993Turbo
hao420
Agent009
GTR35
investor27
Bmw8ter
Htay7500
bayareaspeedracer
TataPower
KZ258
sector
aarononymous
mercuryguy
mercuryguy
JUGNU
mercuryguy
gsh23
mini22
S4cabriofoxone
S4cabriofoxone
huu76

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]