VW confirms investment plan in Mexico for US $ 2.5 billion until 2020

Volkswagen de México confirmed its investment plan for US $ 2.5 billion until 2020 in the country and announced that as a result of the ratification of the Mexico Treaty, the United States, Canada will increase its supply in Puebla to produce a new SUV next year.

This was ratified by Steffen Reiche, Executive Chairman of Volkswagen de México, when he met with the Acting Governor of Puebla, Guillermo Pacheco Pulido, after a working meeting with German officials to consolidate agreements on more investment and security, as well as providing peace and labor.

Auto part companies will maintain their investments and new projects in Puebla after the production of the Beetle model in the Volkswagen plant, however now they will be developing and engineering new parts for the vehicle that the German automaker will launch in 2020, so risks for personnel cuts were ruled out.

Steffen Reiche, CEO of Volkswagen de México; Carlos Luna, Vice President of Legal Affairs, GRC & Compliance Officer; Mauricio Kuri, Director of Corporate Communications and Government Affairs; and Emilio Ruisánchez, Manager of Government Affairs recognized and appreciated the work that Pacheco Pulido did in favor of the automotive industry.

During the meeting it was guaranteed through the General Secretary of the Government, Fernando Manzanilla Prieto, that the permanent dialogue with the elected governor, Miguel Barbosa Huerta, will be maintained.

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