Volkswagen Announces Production Of The Golf In Mexico

Friday, January 25, 2013

Volkswagen announced Friday that it will begin to produce the next-generation Golf at its Volkswagen de México manufacturing facility in Puebla, Mexico.  Production of the seventh-generation Golf will commence at the company’s plant in Mexico in the first quarter of 2014.

Localization has become increasingly important in automotive manufacturing as a way to safeguard against currency fluctuations and to be closer to the market in which the manufacturer sells. Golf models made at Volkswagen de México’s plant will be supplied to the North and South American markets.

“The Puebla, Mexico plant offers an excellent economic basis for Volkswagen production operations and is a well-established automotive manufacturing facility with a record of efficiency and high quality,” said Hubert Waltl, member of the Board of Management of the Volkswagen Passenger Cars Brand with responsibility for Production. “With its existing infrastructure, competitive cost structures and free trade agreements, Mexico is the ideal location to produce the Golf for the American market.”

The decision to produce the Golf in Mexico builds on Volkswagen’s strategy for the North American market. Investments of more than $5 billion are planned in the U.S. and Mexico in the next three years, thereby laying the foundation for further growth in the North American market. Key investments are the opening of new plants in Silao, Mexico for the 1.8- and 2.0-liter turbocharged EA888 engines and the planned Audi production facility in San José Chiapa, Mexico.

“Producing the Golf in Puebla, Mexico signals a continued commitment to the North American market and allows Volkswagen to make further strides towards the goal of building more than 75 percent of the cars Volkswagen of America sells in the NAFTA region,” said Jonathan Browning, president, Volkswagen of America, Inc. “For more than 40 years, Puebla has been manufacturing quality Volkswagens for the U.S. and markets around the world and we are thrilled that the next-generation Golf will be added to the production line.” 

The Volkswagen Golf, the company’s best-selling vehicle globally, was unveiled at the Paris Motor Show in September 2012. This seventh-generation version of one of the world’s most popular cars offers more features, improved safety, and more performance than the outgoing vehicle and is actually lighter than its predecessor. The Golf’s state-of-the art styling is evolutionary and timeless, and provides clear lineage to previous Golfs. The new Golf design is more sophisticated and longer lived than any other compact in the world. The Golf is slated to go on sale in the United States in the first half of 2014.   


Luken Communications Signs Multi-Network Deals In Washington, D.C. And Denver

Luken Communications, LLC announced multi-network affiliation agreements with WWTD – Washington, D.C. (DMA 8) and KHDT – Denver (DMA 17).  WWTD, operated by DC Broadcasting, Inc., will be bringing Retro TV and Rev’n to over-the-air viewers on channels 49.4 and 49.5, respectively.  Syncom Media Group, Inc.’s KHDT will broadcast Retro TV and Rev’n over-the-air on channels ... (click for more)

Gas Prices Drop .8 Cents In Chattanooga

Average retail gasoline prices in Chattanooga have fallen 0.8 cents per gallon in the past week, averaging $1.82 per gallon on Sunday, according to GasBuddy's daily survey of 170 gas outlets in Chattanooga. This compares with the national average that has fallen 2.3 cents per gallon in the last week to $2.02 per gallon, according to gasoline price website GasBuddy.com. Including ... (click for more)

Deonta Banks, 23, Shot On Wilcox Boulevard Early Sunday Morning

Deonta Banks, 23, was shot early Sunday morning on Wilcox Boulevard. At approximately  3 a.m.  the Chattanooga Police Department responded to shots fired at 3232 Wilcox Boulevard.  Upon arrival, Chattanooga police located a single victim, Deonta Banks, suffering from a non-life threatening gunshot wound. He  was transported to a local hospital for treatment. ... (click for more)

Man Stabbed In Domestic Dispute On Sunrise Lane Saturday Morning

A man was stabbed Saturday morning on Sunrise Lane.   At approximately  11:41  a.m., the Chattanooga Police Department responded to a reported stabbing at 309 Sunrise Lane.  Officers located a 45-year-old black male suffering from a non-life threatening stab wound. The victim was transported to a local hospital for his injury.   The ... (click for more)

Obama Doesn't Want You To Save For College

Over the past few decades, federal aid for post-secondary education has decreased and transitioned largely from grants to guaranteed student loans.   At the same time, the cost of college has far exceeded the cost of inflation creating a situation in which college has become less affordable and causing students to pile up debt that is at an all-time high.   This debt ... (click for more)

Roy Exum: Value-Added Friendship

I need to take you through the back door on this one because it is a story that my friend Sandy Pohfal just sent me from Texas. Sandy happens to know Dr. John C. Dealey, a business-consultant wizard in Dallas whose advisory councils have made folks a lot of money. In turn, Dr. Dealey knows a guy he’ll only refer to as “Raymond.” Of all the guys I just mentioned, you need to focus ... (click for more)