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VW Porsche brings 2100 new jobs to Germans Posted by JohnA [Email] (#426) [Profile/Gallery] (more from JohnA) on Sun, 18 May 2008 06:45:49 Members do not see ads below this line. - Help Keep This Site Online - Signup |
from the piece:
VW revs up US plans
Meanwhile, German news magazine Der Spiegel reported Saturday that Volkswagen is going ahead with plans to set up a US car plant to make 250,000 cars a year.
The magazine said the site would in 2010 begin manufacturing a car that was at least $3,000 cheaper than Volkswagen's current family sedan.
Andreas Meurer, a Volkswagen spokesman told German news agency DPA the site would make a "Passat-sized car specially developed for the US market," but no name had been chosen for the model yet.
Savings would be achieved by downgrading features such as the elaborate live axle used in the Passat. He said a final decision would be made by the Volkswagen supervisory board in July.
Three US states were in the running to host the plant: Alabama, Tennessee and Michigan. Like other German manufacturers, Volkswagen has been hit hard by the fall in the dollar, making imported products very expensive in the United States.
Auto Giant to Create 2,100 New Jobs in Germany
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