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  


'Who Framed Roger Rabbit' animator Richard Williams has died

'Who Framed Roger Rabbit' animator Richard Williams has died

The Oscar-winning artist was 86 years old. Read more ...

Yankees' umpire battle flares up again in tight win over Indians

Yankees' umpire battle flares up again in tight win over Indians

Another day, another Yankees win - and another dustup with the umpires. Aaron Boone, CC Sabathia and Brett Gardner were all tossed with two outs in the bottom of the sixth... Read more ...

FIBA World Cup 2019: De'Aaron Fox leaves Team USA to focus on making NBA...

FIBA World Cup 2019: De'Aaron Fox leaves Team USA to focus on making NBA playoffs

Fox, 21, is one of the NBA's rising stars and had an impressive sophomore campaign last year. Read more ...

Antifa may be branded ‘organization of terror,' Trump warns, ahead of...

Antifa may be branded ‘organization of terror,' Trump warns, ahead of Portland right-left showdown

Portland, Oregon, is bracing itself for a major right-wing rally - an event previously marred by clashes with anti-fascists. Warning any would-be violent counter-protesters... Read more ...

Government wants new 911-like number just for suicide hotline

Government wants new 911-like number just for suicide hotline

The current National Suicide Prevention Lifeline is 1-800-273-TALK (8255). Read more ...

Man busted for stabbing victim in eye with stolen knife in Brooklyn

Man busted for stabbing victim in eye with stolen knife in Brooklyn

A Queens man was arrested after he stabbed another man the eye with a stolen knife outside a Brooklyn bodega early Saturday morning, officials said. Terrell Herring, 28, went... Read more ...

MLB would 'benefit' from mercy rule, Yankees manager Aaron Boone says

MLB would 'benefit' from mercy rule, Yankees manager Aaron Boone says

The Yankees manager shared his thoughts on the idea Friday when addressing the 19-5 loss his team suffered at the hands of the Indians. Read more ...

Shell workers in Pennsylvania say they were told to either attend a recent...

Shell workers in Pennsylvania say they were told to either attend a recent Trump event, or not get paid

Workers at a new Shell plant in Pennsylvania say were told they had to attend a speech by President Donald Trump in order to get paid, according to a report from the Pittsburg... Read more ...

Cape Cod beach closed after confirmed shark sighting, attack on seal

Cape Cod beach closed after confirmed shark sighting, attack on seal

This is the fourth time a great white shark has been spotted at the beach in as many days. Read more ...

What channel is Chiefs vs. Steelers on today? Time, TV schedule for 2019 NFL...

What channel is Chiefs vs. Steelers on today? Time, TV schedule for 2019 NFL preseason

Chiefs vs. Steelers on Saturday night can be watched on TV both locally and nationally. Here are the TV channels, the kickoff time and everything else you need to know to watch... Read more ...