Mexican Media Brands
VW Postpones Decision on Plant in Turkey
Volkswagen AG says it has suspended plans to open a large assembly plant in Manisa, Turkey, by 2022.
Share
Volkswagen AG says it has suspended plans to open a large assembly plant in Manisa, Turkey, by 2022.
The move is in response to international criticism, including U.S. economic sanctions, over Turkey’s invasion of Syria last week.
VW said two weeks ago that it was still in final negotiations for the facility. The company also reportedly had been considering a site in Bulgaria.
The €1.3 billion ($1.4 billion) facility is expected to have annual capacity to make 300,000 Skoda Superb and VW Passat midsize sedans.
If completed in Turkey, the factory will be operated by Volkswagen Turkey Otomotiv Sanayi ve Ticaret AS and eventually employ roughly 4,000 people.
RELATED CONTENT
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
GM Is Down with Diesels
General Motors is one company that is clearly embracing the diesel engine.
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
