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Volkswagen To Open Brazilian Plant
Well lookey here:
.c The Associated Press
BRASILIA, Brazil (AP) - German auto giant Volkswagen and its
wholly owned subsidiary Audi announced Wednesday a $750 million
investment to build a new assembly plant in southern Brazil.
The announcement was made by Herbert Demel, the president of the
Volkswagen Brazilian subsidiary, in a meeting with Trade and
Industry Minister Francisco Dornelles.
The new plant, expected to completed in late 1998, will be built
near the Parana state capital of Curitiba, 820 miles south of
Brasilia. It will produce the Audi A-3, the Golf and the Passat
models and will employ some 3,000 workers.
The output of the new factory is expected to be 700 vehicles a
day - 150 Audi A-3s, 150 Passats and 400 Golfs.
Volkswagen already has two plants in the state of Sao Paulo and
one in Rio de Janeiro state.
Copyright 1997 The Associated Press. The information
contained in the AP news report may not be published,
broadcast, rewritten or otherwise distributed without
prior written authority of The Associated Press.