Audi seriously considering U.S. plant
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From: The Left Lane
Audi seriously considering U.S. plant
Filed under: Plants/Manufacturing, Audi
Volkswagen has already announced its intentions to build a factory in the U.S., narrowing down the possible sites to Alabama, Michigan and Tennessee. Now, in advance of a shareholder meeting in Germany, Audi CEO Rupert Stadler is reportedly saying that Audi is considering a U.S. plant, as well. The move on both automakers' parts is an attempt to capitalize on the weak U.S. dollar, the stronger euro and the fact that material costs are on the rise and a U.S. plant could mitigate some of those expenses. Additionally, both VW and Audi have made it clear that in order to achieve their lofty sales goals - one million units a year by 2018 for V-Dub and Audi's campaign to become the numero uno luxury carmaker - ramping up production capacity in the U.S. where many of those sales will be made is instrumental to their mutual success.
[Source: Autoweek]
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Volkswagen has already announced its intentions to build a factory in the U.S., narrowing down the possible sites to Alabama, Michigan and Tennessee. Now, in advance of a shareholder meeting in Germany, Audi CEO Rupert Stadler is reportedly saying that Audi is considering a U.S. plant, as well. The move on both automakers' parts is an attempt to capitalize on the weak U.S. dollar, the stronger euro and the fact that material costs are on the rise and a U.S. plant could mitigate some of those expenses. Additionally, both VW and Audi have made it clear that in order to achieve their lofty sales goals - one million units a year by 2018 for V-Dub and Audi's campaign to become the numero uno luxury carmaker - ramping up production capacity in the U.S. where many of those sales will be made is instrumental to their mutual success.
[Source: Autoweek]
Read | Permalink | Email this | Comments
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