Volkswagen picks Tennessee for new U.S. plant
December 31st, 1969
Volkswagen confirmed today that its new U.S. plant will be constructed in the southern state of Tennessee. The new Chattanooga site in Tennessee beat out rival bids from Alabama and Michigan because of its cost and logistical advantages, and production is scheduled to begin in early 2011.
The announcement came from Lower Saxony minister Christian Wulff, who also sits on the carmaker’s supervisory board.
The $1 billion plant will be a core element of VW’s North American strategy, and is crucial to its overall goal of increasing U.S. sales to 800,000 units by 2018. Initial production capacity for the facility is anticipated to be 150,000 vehicles, however output is expected to exceed 250,000 annually once full production is ramped up, with 2,000 workers servicing the assembly process.
VW will use the plant initially to produce a midsize sedan designed specifically for the North American market. The car is expected to be based on the Passat and is being designed to rival the Honda Accord and Toyota Camry. It could also be joined by a new midsized SUV designed to sit between the current Tiguan and Touareg models, and Audi CEO Rupert Stadler has also hinted at building some Audi models at the site to help avoid currency exchange rate fluctuations.
Volkswagen confirmed today that its new U.S. plant will be constructed in the southern state of Tennessee. The new Chattanooga site in Tennessee beat out rival bids from Alabama and Michigan because of its cost and logistical advantages, and production is scheduled to begin in early 2011.
The announcement came from Lower Saxony minister Christian Wulff, who also sits on the carmaker’s supervisory board.
The $1 billion plant will be a core element of VW’s North American strategy, and is crucial to its overall goal of increasing U.S. sales to 800,000 units by 2018. Initial production capacity for the facility is anticipated to be 150,000 vehicles, however output is expected to exceed 250,000 annually once full production is ramped up, with 2,000 workers servicing the assembly process.
VW will use the plant initially to produce a midsize sedan designed specifically for the North American market. The car is expected to be based on the Passat and is being designed to rival the Honda Accord and Toyota Camry. It could also be joined by a new midsized SUV designed to sit between the current Tiguan and Touareg models, and Audi CEO Rupert Stadler has also hinted at building some Audi models at the site to help avoid currency exchange rate fluctuations.
Volkswagen picks Tennessee for new U.S. plant
July 15th, 2008
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July 15th, 2008
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July 15th, 2008
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The announcement came from Lower Saxony minister Christian Wulff, who also sits on the carmaker’s supervisory board.
The $1 billion plant will be a core element of VW’s North American strategy, and is crucial to its overall goal of increasing U.S. sales to 800,000 units by 2018. Initial production capacity for the facility is anticipated to be 150,000 vehicles, however output is expected to exceed 250,000 annually once full production is ramped up, with 2,000 workers servicing the assembly process.
VW will use the plant initially to produce a midsize sedan designed specifically for the North American market. The car is expected to be based on the Passat and is being designed to rival the Honda Accord and Toyota Camry. It could also be joined by a new midsized SUV designed to sit between the current Tiguan and Touareg models, and Audi CEO Rupert Stadler has also hinted at building some Audi models at the site to help avoid currency exchange rate fluctuations.
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Comments (2 total)
Meet the top commenters on the LeaderboardBy William vonSteiner-Lynn #1, Posted: 6/5/2008
Alabama has already proven that it is more than capable of furnishing a workforce. The Wallace Era may be history, but the training schools set up by him are well set to train it.
The state is also enlarginging the Port in Mobile to be a top 10 port in the US. The river system is there to get any VW made in the state to Mobile.
The State has also is more than willing to throw the bank to get a plant . Keep inmind there is the chance of Tennessee & Alabama joing forces to get the plant on the border. Kia is a joint effort with Georgia & Alabama. Thiessen-Krupp was a another joint effort , but with Mississippi, Alabama & Florida.
The Plant would be a natural fit in SW or SE part of the state.
By Craig S #2, Posted: 7/15/2008
You've repeated this post many times however VW deicded to go somewhere else so obviously they weighed many factors. I'm sure one of those was the tax breaks etc that Tennessee gave VW.
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