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Automotive Industry
Industry: Email Alert RSS FeedWebasto may build plant in Portugal; Decision may hinge on where next VW Cabriolet is build.(News)(Webasto Aktiengesellschaft Fahrzeugtechnik)
Automotive News Europe, September, 2003 by De Oliveira, Paolo Soares
Byline: Paolo Soares de Oliveira
German roofing systems supplier Webasto may open a plant near a Volkswagen assembly plant in Setubal, Portugal.
"Meetings between Volkswagen and Webasto are in the final stage, and the contract should be signed in the next few weeks,"1 said a Volkswagen source.
Webasto spokesman Hans Joachim Lessear said the decision on a Portugal plant has not been made.
The fate of a new Webasto plant may rest on where Volkswagen decides to build the convertible version of the next-generation Golf. The new Golf will go on sale in early 2004. ...
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