flith, on 12 January 2009 - 05:25 PM, said:
Somewhat related to the Chattanooga VW plant is the potential Audi expansion. The most recent US figures for Audi indicate a 4% drop in sales while globally their sales are up 4.1% for the year.
I feel this is potentially good news on the future Audi expansion in the US. They are believed to be considering adding a line at the Chattanooga VW plant. (Again the dollar to euro exchange rate makes the US favorable for expansion)
I feel this is potentially good news on the future Audi expansion in the US. They are believed to be considering adding a line at the Chattanooga VW plant. (Again the dollar to euro exchange rate makes the US favorable for expansion)
Stefan Jacoby has told Bloomberg news that Audi may produce vehicles in Chattanooga. No final decision has been made yet but Euro/Dollar exchange rates remain favorable for US production. VW Chattanooga's 2 million-square-foot plant is designed to build an initial 150,000 cars a year. However, VW is adding 43,000 square feet to the assembly area's 775,000 square feet, and it already has bolstered the size of the paint shop. VW stated in its Foreign Trade area application that it can double Chattanooga manufacturing to 5 million square feet if that capacity is needed. A sport utility vehicle is also rumored. No matter what the exchange rate dictates that as much N. American production as possible must take place in Chattanooga since Mexico is at capacity.













