Volkswagen sets out to build a plant in Chattanooga, Tennessee, where vehicle production is scheduled to commence in early 2011. The supervisory board of Volkswagen AG approved plans and an investment volume of up to 1 billion USD (around 620 million euro). The Group's management board had previously pinpointed Chattanooga as the site for its new plant. The USA is an important part of Volkswagens volume strategy and they are now very resolutely accessing that market. The first stage of construction is designed to provide annual capacity for the complete production of 150,000 automobiles, including body-production, paint-shop and assembly operations. A cutting-edge modular production system at the plant will enable maximum flexibility. The first vehicle to be manufactured there will be a new midsize sedan tailored specifically to the US market. Volkswagen itself will employ a staff of approximately 2,000 at the site over the medium term, while additional jobs will be created in the supplier and logistics sectors.
Tennessee, United States of America