MEXICO: VW to make next Golf at Puebla
By Chris Wright | 12 February 2013
Volkswagen will produce the next generation Golf for sale in North America at its plant in Puebla, Mexico, from the first quarter of 2014.
The company will begin expansion work early this year as part of a US$5bn investment in the US and Mexico. This is part of VW’s overall plan to spend US$68.2bn globally over the next three years on new plants and upgrading older facilities.
The group said in November that it will begin assembly of the Audi Q5 at a new plant in San José Chiapa, also in Puebla state, in early 2016. The Golf and the Q5 model will be sold into the North and South American markets.
Board member Hubert Waltl said: “With its existing infrastructure, competitive cost structures and free-trade agreements, Mexico is the ideal location to produce the Golf for the American markets."
VW North America chief Jonathan Browning said that producing the Golf in Puebla puts Volkswagen closer to its goal of building more than 75% of the cars VW of America sells in the Nafta region.
The German carmaker will also open a new plant in Silao, Mexico, to manufacture 1.8- and 2.0-litre turbocharged EA888 engines.
Sectors: Vehicle manufacturers, Vehicle manufacturing
View next/previous articles
Currently reading -
MEXICO: VW to make next Golf at Puebla
12 Feb 2013 -
12 Feb 2013 -
Related company research
VW 2010 company profile edition 2
This latest edition just-auto company profile is part of a major series of reports that will provide you with convenient and concise analysis on the world's largest component and vehicle manufacturers. Each individual company is profiled in a consist...
Volkswagen AG - SWOT, Strategy and Corporate Finance Report
Volkswagen AG - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and corpo...
Volkswagen AG - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report
Datamonitor's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage....
Related articles
When Porsche GB invites you to the Scottish Highlands to drive its new Cayman, you tend to reschedule whatever else was in the diary. Glenn Brooks was just-auto's man on EasyJet to Inverness.
There are currently no comments on this article
Be the first to comment on this article