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Ethiopia's salt trails
For centuries merchants have traveled to Ethiopia to collect salt from the surface of the vast desert basin. Slideshow
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VW mulls building 100,000-150,000 cars in U.S.
WOLFSBURG, Germany |
WOLFSBURG, Germany (Reuters) - Volkswagen (VOWG.DE), the world's fourth-largest carmaker, confirmed widespread speculation that it was concentrating its search for a new North American plant in the United States.
"Initially we plan an annual capacity of 100,000-150,000 vehicles," VW production boss Jochem Heizmann said.
Volkswagen said it had hedged its foreign exchange risks to varying degrees into 2012.
(Reporting by Christiaan Hetzner)
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