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Rumorpile: Volkwagen Plans To Triple Its SUV Lineup, CUV Gets Delayed
William Maley posted an article in Volkswagen
The decision on where Volkswagen's upcoming crossover should be built has ended up becoming a tug-of-war between Mexico and Tennessee. Reuters reports that Volkswagen has delayed a decision that was expected this month on where the crossover will be built after the respective governments negotiating with VW over incentive deals. "VW is taking way too long again to tackle another pressing U.S. problem. The crossover will be a gainful addition to their portfolio, VW has got no time to waste," said Arndt Ellinghorst, London-based analyst at ISI Group. Two sources tell Reuters that the company is planning to make a final decision at the end of the month. In other Volkswagen news, Bloomberg has learned that company could expand its SUV lineup from two to six models. Volkswagen believes to reach its goal of becoming the number-one global automaker by 2018, more SUVs will be needed as they become more popular in other markets. Among those are redesigned versions of the Tiguan and Touareg, and a production version of the T-Roc Concept. Source: Reuters, Bloomberg William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. -
The decision on where Volkswagen's upcoming crossover should be built has ended up becoming a tug-of-war between Mexico and Tennessee. Reuters reports that Volkswagen has delayed a decision that was expected this month on where the crossover will be built after the respective governments negotiating with VW over incentive deals. "VW is taking way too long again to tackle another pressing U.S. problem. The crossover will be a gainful addition to their portfolio, VW has got no time to waste," said Arndt Ellinghorst, London-based analyst at ISI Group. Two sources tell Reuters that the company is planning to make a final decision at the end of the month. In other Volkswagen news, Bloomberg has learned that company could expand its SUV lineup from two to six models. Volkswagen believes to reach its goal of becoming the number-one global automaker by 2018, more SUVs will be needed as they become more popular in other markets. Among those are redesigned versions of the Tiguan and Touareg, and a production version of the T-Roc Concept. Source: Reuters, Bloomberg William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
