Business > Market

Volkswagen's Pivot to Electric Vehicles Will Bring 1,000 Jobs to Tennessee

7 monthes ago   |   By Fortune

Volkswagen will bring 1,000 new jobs to Chattanooga, Tenn., as part of its first electric vehicle facility in North America, the company announced Monday.
The company plans to spend $800 million on a manufacturing facility in the state. Production is expected to begin in 2022. Beyond the direct jobs created, the company expects area automotive suppliers will add employees.
"The US is one of the most important locations for us and producing electric cars in Chattanooga is a key part of our growth strategy in North America," said Dr. Herbert Diess, CEO of Volkswagen AG. “The management...
Read more ...

 

Volkswagen to invest $800M to build electric vehicles in US

Volkswagen to invest $800M to build electric vehicles in US

7 monthes ago   |   By New York Post

DETROIT - Volkswagen said on Monday it is investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tenn., as it shifts toward zero-emission vehicles. The German automaker, in an announcement at the Detroit Auto Show, said it is adding 1,000 new jobs and that electric vehicle production in Tennessee will...
Read more ...

 

VW CEO says hopes U.S. investments help avoid tariffs against EU

7 monthes ago   |   By Reuters

Volkswagen's Chief Executive Herbert Diess said an $800 million investment to build a new electric car in Chattanooga, Tennessee should help ease tensions with United States President Donald Trump.
Read more ...

 

Volkswagen to build electric vehicles at Tennessee plant

7 monthes ago   |   By Miami Herald

German automaker Volkswagen says its factory in Tennessee will be the focus of an $800 million investment in its manufacturing of electric vehicles in North America. Volkswagen said in a...
Read more ...

 

Volkswagen to invest $800 million, build new electric vehicle in U.S

7 monthes ago   |   By Reuters

Volkswagen AG said on Monday it is investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee, as it shifts toward zero emission vehicles.
Read more ...

 

Volkswagen to build new electric vehicle in U.S.: Tennessee governor

7 monthes ago   |   By Reuters

Volkswagen AG is announcing on Monday it will build a new electric vehicle at its plant in Chattanooga, Tennessee as it shifts toward zero emission vehicles, the state's governor told Reuters.
Read more ...

 


Search by Tags

   Market      Autos      Briefing      All-electric cars      Volkswagen      U.S.      Donald Trump      BusinessNews  


Dwayne 'The Rock' Johnson just got married in a secret Hawaiian ceremony

Dwayne 'The Rock' Johnson just got married in a secret Hawaiian ceremony

Dwayne "The Rock" Johnson just got married in a secret ceremony. He tied the knot to long-time girlfriend Lauren Hashian on Sunday, August 18 in Hawaii. The actor shared two... Read more ...

10 things you need to know before the opening bell

10 things you need to know before the opening bell

Here is what you need to know. 1. Fed Chair Jerome Powell is giving a speech this week, and traders will be listening closely for any hints of further interest-rate cuts. The... Read more ...

Apple CEO Tim Cook warned Trump that China tariffs would boost its main...

Apple CEO Tim Cook warned Trump that China tariffs would boost its main rival Samsung, in a major reversal

President Donald Trump met with Apple CEO Tim Cook on Friday. Trump told reporters on Sunday that Cook had warned about tariffs hurting Apple and benefiting its main smartphone... Read more ...

Stocks are soaring on fresh hopes of a 'tidal wave' of government stimulus...

Stocks are soaring on fresh hopes of a 'tidal wave' of government stimulus and an end to the US-China trade war

Asian and European equities and US futures jumped on Monday as traders bet on a surge of government stimulus and celebrated a better outlook for the US-China trade war. China... Read more ...

Former Cincinnati Bengals running back Cedric Benson dead at 36 after...

Former Cincinnati Bengals running back Cedric Benson dead at 36 after motorcycle crash in Austin

36-year-old Cedric Benson died late Saturday night after a motorcycle crash involving a minivan in Austin, Texas. Benson played football in the NFL for the Chicago Bears, the... Read more ...

Trump's top economic advisers try to calm recession fears

Trump's top economic advisers try to calm recession fears

Two of President Donald Trump's top economic advisers sought to tamp down concerns Sunday that the U.S. may be sliding into a recession. In appearances on the Sunday show... Read more ...

A South Dakota woman who thought she had kidney stones was actually pregnant...

A South Dakota woman who thought she had kidney stones was actually pregnant with triplets

Dannette Giltz, of Sturgis, South Dakota, gave birth to triplets named Blaze, Gypsy, and Nikki on August 10, KOTA-TV reported . Giltz, who has two older children with her... Read more ...

The Trump administration spent months trying to make sure undocumented...

The Trump administration spent months trying to make sure undocumented immigrants can't go to school

Stephen Miller , President Donald Trump's nativist advisor, tried to devise a plan that would keep undocumented immigrant children from attending public schools, Bloomberg... Read more ...

From a 7-patty Whopper to burgers with black buns, here are 13 of the...

From a 7-patty Whopper to burgers with black buns, here are 13 of the wildest international Burger King menu items

Burger King, like many other fast food chains , offers a variety of international menu items that aren't available in the US. Some travelers might even rethink avoiding fast... Read more ...

Paulo Costa out-pummels Yoel Romero in an extraordinary, compelling, brutal...

Paulo Costa out-pummels Yoel Romero in an extraordinary, compelling, brutal battle between 2 fighters who looked like Greek Gods

Paulo Costa out-pummeled Yoel Romero in a captivating battle at UFC 241. Costa was awarded a unanimous decision because of a hat-trick of 29-28 scorecards thanks to his... Read more ...