Unclear Whether There Will Be An Announcement On Tuesday
posted July 5, 2008
Volkswagen management is expected to make its choice for a new automotive plant in the United States this week - possibly on Tuesday.
It is unclear whether there will be any kind of official announcement on Tuesday, however.
Then, the Volkswagen board will vote on whether to approve the management decision the following Tuesday in Wolfsberg, Germany.
The plant is expected to cost $788 million.
Chattanooga and a site near Huntsville, Ala., are the leading candidates.
There has been a flurry of activity at both sites in recent weeks as both seek to land the huge new industry.
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