VW Announces Expansion in Chattanooga

3/29/2018

Volkswagen Group announced that it would add a third vehicle to its Chattanooga, Tennessee plant and invest $340 million to ready the Chattanooga plant for production of the new model. The company has already invested $900 million to ready the facility to produce another vehicle model, the Atlas. VW US CEO Hinrich Woebcken said, “The Atlas has built strong momentum for Volkswagen in the SUV segment, and we are excited to grow our SUV portfolio with this new, Chattanooga-assembled five-passenger SUV. We are not only committed to this market, we are committed to our US manufacturing home in Chattanooga, Tennessee.”

Source: USA Today

The East Tennessee Economic Development Agency markets and recruits business for the 15 counties in the greater Knoxville-Oak Ridge region of East Tennessee. Visit www.eteda.org

 

 

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