VW looks to make Passat in Mexico; Weaker US dollar may lead to change.(Volkswagen AG)(Brief article)

Byline: Jason Stein

Volkswagen is considering building Passats for North America in Mexico instead of Germany, said VW's top manufacturing executive.

The move would be a natural hedge against continued euro-dollar currency fluctuations.

"We face day-to-day exchange rate costs that we simply can't ignore," said Reinhard Jung, VW's head of production, in an interview with Automotive News Europe during a press event here. "The exchange rate situation is unacceptable."

VW builds the upper-medium Passat in two German plants and exports them to the US. The ...