Volkswagen has officially announced that it will build a vehicle production facility in the U.S., although the location of the plant still remains unclear. VW also announced that it will build supporting engine and transmission plants in North America, but these plants will likely be built in Mexico or Canada.
Stefan Jacoby, CEO of Volkswagen Group of America Inc., says the announcement of where the U.S. plant will be located will be announced within the next six months, and Jacoby expects the first vehicles to roll off the U.S. production floor in just over three years.
It has been reported that VW will setup shop in Rocky Mount, North Carolina — where the German automaker has been rumored to have purchased land — although VW has yet to confirm that report.
The new plant should help VW with its goal of selling 800,000 VW vehicles in the U.S. by 2018. It remains unclear which vehicles VW will build here in the U.S.
