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VW to invest $1B in Mexican plant
VW to invest $1B in Mexican plant
Posted Wednesday, Jul 15, 2009, 10:52 am in Employee News
Automotive News is reporting that Volkswagen will start producing a new model at its plant in Mexico next March or April and invest $1 billion to expand the site.
The plant currently produces Jettas, Boras and New Beetles.
The German company previously had said it would invest $1 billion in Mexico between 2008 and 2010, without specifying how it would spend the money, according to Automotive News.
Volkswagen is Mexico’s No. 2 automaker, sending most of its cars to the United States, Canada and Europe. (Automotive News)
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Rick
Nitro Year: 2007 (1 of 113,000 sold)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
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