FRANKFURT, Germany (AP) - A spokesman for Germany's Volkswagen
AG says it likely will announce a decision on its plans for a new
U.S. plant after a supervisory board meeting next week.
Wolfsburg-based Volkswagen, Europe's largest carmaker, has been
mulling a new production facility in Alabama, Tennessee or
Michigan.
The company wants to increase its presence in the U.S., where it
holds only 2 percent of the market. VW officials have said the
company intends to more than triple its U.S. sales to 1 million by
2018.
Christoph Adomat, a spokesman for VW, said Monday that an
official announcement is most likely some time after a July 15
meeting of the supervisory board - the German equivalent of a board
of directors.
He declined to comment on the progress of discussions.
BusinessBusiness
Alabama Volkswagen Decision Could Come Next Week
The German automaker could choose Alabama for it's new U.S. plant.
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WKRG-TV
Published: July 07, 2008
Published: July 07, 2008
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