VW Plans Second SUV at U.S. Factory
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Nasty trade talk hasn’t turned the largest German automaker off its U.S. growth plans: Volkswagen AG is investing in its Tennessee factory and expanding its lineup of the sport utility vehicles that Americans love.
VW plans to reveal at the New York auto show next week a five-passenger SUV concept, presaging a model that the automaker will build at its $900 million factory near Chattanooga that’s assembling the seven-seat Atlas. The company said it’s investing $340 million more to bring the new SUV to market.