Business > Market

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

5 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

5 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

5 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

5 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

5 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

5 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  


Anthony Davis has been traded to the Lakers and LeBron James

Anthony Davis has been traded to the Lakers and LeBron James

The New Orleans Pelicans have agreed to a trade to send Anthony Davis to the Los Angeles Lakers, according to multiple reports. Adrian Wojnarowski of ESPN was the first to... Read more ...

Target cash registers across the US are crashing, creating massive lines of...

Target cash registers across the US are crashing, creating massive lines of frustrated customers in 'The Great Target Outage of 2019'

Target cash registers across the US crashed on Saturday afternoon, creating long lines and crowds of frustrated customers unable to check out from stores. The incident was... Read more ...

Retailers Ask Trump To Stop Tariff Threats On China

Retailers Ask Trump To Stop Tariff Threats On China

More than 600 companies - such as retail giants like Walmart, Target, Macy's and Gap - and trade groups fear tariffs will lead to job loss and will harm both consumers and the... Read more ...

9 cool features that prove the Google Pixel 3 line of phones are still worth...

9 cool features that prove the Google Pixel 3 line of phones are still worth buying, despite the upcoming Pixel 4 launch

Insider Picks writes about products and services to help you navigate when shopping online. Insider, Inc. receives a commission from our affiliate partners when you buy through... Read more ...

Kevin Durant's Warriors clue: Talks ‘unfinished business' with Klay Thompson

Kevin Durant's Warriors clue: Talks ‘unfinished business' with Klay Thompson

OAKLAND - The first hint Kevin Durant's Achilles tendon rupture will lead him to stay in Golden State has arrived. When Klay Thompson was back in the locker room about to... Read more ...

Drake is getting roasted for his awkward interview with reporters after the...

Drake is getting roasted for his awkward interview with reporters after the Raptors won the NBA championship

The Toronto Raptors won their first NBA championship in franchise history on Thursday night, defeating the Golden State Warriors in Game 6 of the NBA Finals. After the win... Read more ...

The best mini fridges you can buy

The best mini fridges you can buy

Insider Picks writes about products andservices to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through... Read more ...

The 20 Democratic candidates who qualified for the debates, and how they'll...

The 20 Democratic candidates who qualified for the debates, and how they'll be split up between two nights

The Democratic National Committee released the line-ups for who will be on the stage each night of the first Democratic debates in Miami June 26th and 27th. The 20 candidates... Read more ...

Every small business owner should consider signing up for this Chase card...

Every small business owner should consider signing up for this Chase card - even freelancers

Business Insider may receive a commission from The Points Guy Affiliate Network if you apply for a credit card, but our reporting and recommendations are always independent and... Read more ...

Taylor Swift's new song is an ode to LGBTQ rights, and some fans think it's...

Taylor Swift's new song is an ode to LGBTQ rights, and some fans think it's a message to Donald Trump

Taylor Swift released a new single on Friday called "You Need to Calm Down." The second verse shouts out the LGBTQ rights organization GLAAD and accuses homophobic people of... Read more ...