VW mulls building 100,000-150,000 cars in U.S.

WOLFSBURG, Germany Thu Mar 13, 2008 8:00am EDT

Related Topics

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)

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article