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 Volkswagen AG will assemble a new family-hauling crossover at its plant in Chattanooga and invest $900 million to expand the factory in a push to double U.

S. sales of VW-brand vehicles by 2018.

Production is slated to begin in late 2016 at the Chattanooga plant, Volkswagen’s sole U.S. assembly site, where it builds the Passat mid-sized sedan. Volkswagen will invest $900 million in the project and add about 2,000 jobs at the plant, CEO Martin Winterkorn said today in a press conference near the company’s headquarters here.

VW will also open a North American vehicle design and development center in Chattanooga to be staffed by about 200 engineers to better cater its vehicles to the North American market, Winterkorn said.


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VW Rewards Chatanooga By Investing $900 Million And Adding 2000 Workers In Bid To Double Sales

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