By
The Associated Press
.
Published: Mon, July 07, 2008 - 9:11 am
Last Updated: Mon, July 07, 2008 - 9:37 am
FRANKFURT, Germany (AP) - A spokesman for Germany's VolkswagenAG says it likely will announce a decision on its plans for a new
U.S. plant after a supervisory board meeting next week.
Wolfsburg-based Volkswagen, Europe's largest carmaker, has been
mulling a new production facility in Alabama, Tennessee or
Michigan.
The company wants to increase its presence in the U.S., where it
holds only 2 percent of the market. VW officials have said the
company intends to more than triple its U.S. sales to 1 million by
2018.
Christoph Adomat, a spokesman for VW, said Monday that an
official announcement is most likely some time after a July 15
meeting of the supervisory board - the German equivalent of a board
of directors.
He declined to comment on the progress of discussions.
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