Volkswagen sees approval for $193 million investment in Brazil

by SpeedLux
Volkswagen brand logo

Volkswagen workers at its Taubate plant, in Sao Paulo, Brazil approved an agreement allowing an investment of 1 billion reais ($192.97 million) for the production of a new model beginning in 2025, the local metalworkers’ union said.

The plant produces the Gol and Voyage models and employs around 3,200 workers. They are starting a new production cycle following the implementation of Volkswagen’s “MQB” modular design plan.

The first car to be produced under such a platform will be the Polo Track model, which will be introduced next year, according to the union.

The terms of the agreement were not revealed by the union.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More