Post by CMF Newsman on Jan 17, 2012 12:18:49 GMT -5
Volkswagen's luxury brand Audi may be leaning toward Mexico for a North American assembly plant, according to WardsAuto, an automotive industry website.
The report cited Mexico's lower labor costs and also said a facility there would allow Audi to export vehicles to South America and even to Europe if necessary, without paying excessive import and export tariffs.
A top Audi executive at the North American International Auto Show last week in Detroit cited Chattanooga as an "attractive potential location" for its first North American production plant.
But Audi of America President Johan de Nysschen said the VW brand already has aggressive plans for its Chattanooga site. He added, though, that there was no final decision yet.
Read more: www.timesfreepress.com/news/2012/jan/17/b5-audi-may-lean-to-mexico-for-plant-report-says/
The report cited Mexico's lower labor costs and also said a facility there would allow Audi to export vehicles to South America and even to Europe if necessary, without paying excessive import and export tariffs.
A top Audi executive at the North American International Auto Show last week in Detroit cited Chattanooga as an "attractive potential location" for its first North American production plant.
But Audi of America President Johan de Nysschen said the VW brand already has aggressive plans for its Chattanooga site. He added, though, that there was no final decision yet.
Read more: www.timesfreepress.com/news/2012/jan/17/b5-audi-may-lean-to-mexico-for-plant-report-says/