VW Has A New Automotive Plant AND New Focus
Volkswagen, a Gray Construction customer, was featured in an article that appeared in the Chicago Tribune.
Volkswagen, a Gray Construction customer, was featured in an article that appeared in the Chicago Tribune on June 5, 2011. Check out the article.
Highlights of the article include:
- VW is looking to triple U.S. sales over the next seven years, partly due in part to the new Passat being manufactured in Chattanooga.
- VW sold 256,830 cars last year, up 20% from the year before. FY2011 sales are up 17%.
- VW ranked 29th of 34 brands on the J.D. Power & Associates 2011 reliability rankings and 31st of 33 in 2010’s initial quality survey of 3-month old vehicles.
- At the Chattanooga facility, VW pulled in more than 200 company experts from operations around the world, including its Audi and Bentley divisions to work at the factory.
- Although the plant has the capacity to make 150,000 cars a year the initial plans for this year is to produce 56,000.
- 85% of the American Passat content will come from North American Free Trade Agreement countries, eliminating any risk as it relates to unfavorable exchange rates.
- The plant is located in “auto alley” and shares several of the same suppliers as BMW and Mercedes.
June 10, 2011
Some opinions expressed in this article may be those of a contributing author and not necessarily Gray.
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