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Volkswagen Plans To Construct Personal US Plant For Scout Model: Report – Volkswagen (OTC:VWAGY)

February 24, 2023

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Volkswagen AG VWAGY is reportedly planning to construct a manufacturing plant within the U.S. for its new Scout model, avoiding companion collaboration.

In Could 2022, the automaker introduced plans to reintroduce the Scout off-road model by making a separate, impartial firm to construct Scout vans and SUVs starting in 2026, Reuters reported.

Additionally Learn: German Courtroom Says Volkswagen’s Emission Software program is Defective

The corporate can be increasing its plant in Chattanooga, Tennessee, to supply the ID. Buzz.

The report additional quoted an organization spokesperson {that a} choice on whether or not to open a plant for Scout had not but been made, however that manufacturing was nonetheless because of start in 2026.

Additionally Learn: Volkswagen Eyes Battery Cell Plant In Ontario

Value Motion: VWAGY shares are buying and selling decrease by 3.94% at $17.18 on the final test Friday.

© 2023 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.

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