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

VW Rewards Chatanooga By Investing $900 Million And Adding 2000 Workers In Bid To Double Sales
 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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leejleej - 7/14/2014 9:41:07 AM
+2 Boost
This is an interesting looking vehicle...I hope they modify the 'Camaro-esque' taillights though.


MattDarringerMattDarringer - 7/14/2014 10:28:09 AM
+1 Boost
This is wishful thinking on VW's part. The slowness to market of this crucial product is strike #1. Strike #2 will be VW's "Germany knows better than Americans what Americans want" attitude that no doubt went into this product. A 100% sales increase won't happen in 4 years and it most certainly will not happen without game-changing product. The Jetta wasn't that. The Passat wasn't that. The new Golf is dead wrong for the NA market if sales is the goal.


xjug1987axjug1987a - 7/14/2014 11:38:15 AM
+2 Boost
I saw the Cross Blue at the NAIS and its nice, but as Matt states, the market is full of solid products which they're entering late, with a "me too". Perhaps to little too late? 800K sales in 4 yrs... doubt it...


MattDarringerMattDarringer - 7/14/2014 4:33:39 PM
+1 Boost
And VW isn't robust enough to sustain an American manufacturing presence at the rate they are going. The Passat has lost steam big time.


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