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14th
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Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen, announced that the company will invest US$600 million in its Chattanooga (Tenn.) plant to build a new midsize SUV alongside the Passat, creating 2,000 additional jobs in the process.
We have little information about the vehicle for the time being. However, we know it will be based on the CrossBlue Concept, which was unveiled in Detroit 18 months ago, and specially designed to meet the needs of North American customers. Expect seating for seven.
Volkswagen will be investing a total of approximately US$900 million in the production of this new SUV — part of a US$7 billion plan for the U.S. and Mexico from 2014-2018. In fact, Volkswagen's goal is to sell 800,000 vehicles in Uncle Sam's land by 2018.
“The Chattanooga-built midsize SUV will allow us to fulfill the wishes of our dealer network, bringing new customers to our showrooms and additional growth for the brand,” said Michael Horn, President and CEO Volkswagen Group of America. “We are eager to be entering this growing vehicle segment with a world-class, 7-passenger SUV from Volkswagen.”
Volkswagen has yet to specify an on-sale date.
Source: Volkswagen
We have little information about the vehicle for the time being. However, we know it will be based on the CrossBlue Concept, which was unveiled in Detroit 18 months ago, and specially designed to meet the needs of North American customers. Expect seating for seven.
Volkswagen will be investing a total of approximately US$900 million in the production of this new SUV — part of a US$7 billion plan for the U.S. and Mexico from 2014-2018. In fact, Volkswagen's goal is to sell 800,000 vehicles in Uncle Sam's land by 2018.
“The Chattanooga-built midsize SUV will allow us to fulfill the wishes of our dealer network, bringing new customers to our showrooms and additional growth for the brand,” said Michael Horn, President and CEO Volkswagen Group of America. “We are eager to be entering this growing vehicle segment with a world-class, 7-passenger SUV from Volkswagen.”
Volkswagen has yet to specify an on-sale date.
Source: Volkswagen
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| Photo: Volkswagen |