Volkswagen Selects North Carolina For New Assembly Plant

The assembly plant could be operational in 2010.

" We'll make an announcement within six months" about the location of the plant, Stefan Jacoby, CEO of Volkswagen Group of America Inc., told the Automotive News World Congress today. After that announcement, the first vehicles could appear in " a little bit more than three years," he said.

Jacoby said the engine and transmission plants do not have to be near the assembly plant, saying Mexico and Canada are options. But " if we don't localize the plants" in North America, he said, " we can't be competitive."

Generally speaking, an engine and transmission account for about one-third of a vehicle's cost.

S4cabriofoxone - 1/23/2008 5:31:53 PM

+1 Boost

Jacoby said the engine and transmission plants do not have to be near the assembly plant, saying Mexico and Canada are options. But " if we don't localize the plants" in North America, he said, " we can't be competitive."

YES YES YES!!! Thank you!!! This is what they need!

aarononymous - 1/23/2008 10:13:29 PM

+1 Boost

Awesome, where do I apply?

0to60 - 1/23/2008 10:42:25 PM

+1 Boost

I Seriously want them to put this near Charlotte, Winston, Greensboro or Raleigh so that I can apply. Dont really wanna move to bumfuck USA

pacotacolol - 1/24/2008 7:32:28 AM

+2 Boost

sweet