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Industry: Email Alert RSS FeedVW could build new model in Mexico; Automaker wants to increase production in US-dollar zone.(News)
Automotive News Europe, January, 2004 by Automobilwoche, Henning Krogh
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Byline: Henning Krogh Automobilwoche
Volkswagen could build a new high-volume car in Mexico.
The move would be part of VW's plan to significantly increase its production and purchasing in US-dollar economies because of the euro's strengthening against the currency.
The car would be built at the VW plant in Puebla, Mexico. The factory has a capacity to build 500,000 units annually. It currently builds 300,000 Jettas and New Beetles a year.
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VW CEO Bernd Pischetsrieder said the company has made no decision on which model will fill the gap, but said the new Golf would not be ...
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- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
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