Jun 8, 2011
According to German media reports, the German automaker Volkswagen AG (PINK:VLKAY) is considering a plan to produce its best-selling Golf model in the U.S.
In a staff meeting Tuesday, VW's top labor representative Bernd Osterloh was cited as saying that management is considering the production of some Golf models in the U.S., according to the newspapers Wolfsburger Allgemeine and Braunschweiger Zeitung. Currently all Golfs are exported from Germany.
The Golf is an important vehicle for the company's main plant in Wolfsburg. Mr. Osterloh wants to discuss the plans with VW's management board, according to Wolfsburger Allgemeine.
A VW spokesman, speaking with Dow Jones Newswires, said CEO Michael Macht plans to discuss the issue with the works council, and they are confident a solution will be found.
Volkswagen AG, is the third largest producer of motor vehicles in the world, making 7.36 million units in 2010. The company has 400,000 employees and 61 production plants across 21 countries.
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