VW to build new SUV at Chattanooga plant

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VW to build new SUV at Chattanooga plant

The German automaker will invest $340 million to bring the vehicle to market

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Associated Press Published 9:27 a.m. ET March 19, 2018

Volkswagen will invest $340 million to bring the vehicle to market

(Photo: Paul J. Richards / AFP/Getty Images)

Chattanooga, Tenn. – Volkswagen plans to build a new five-passenger SUV in Chattanooga.

According to a person briefed on details, the company will invest $340 million to bring the vehicle to market. The person revealed this information on condition of anonymity to avoid pre-empting an official announcement Monday in Chattanooga, where Tennessee Gov. Bill Haslam and Hinrich J. Woebcken, president and chief executive of Volkswagen Group of America Inc. are expected to attend.

The German carmaker describes the vehicle as a variant of the seven-passenger Atlas, designed and engineered for the American market. The Chattanooga plant also manufactures the Passat and the Atlas.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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