No. of Recommendations: 1
VW sounds like it is giving up the ghost in the US.
VW is in a particularly vulnerable spot, as the majority of models sold in the US are assembled in Mexico, and the USMCA zone content is too low to qualify for the USMCA tariff rate. VW has already announced the Golf, for EU sale, will be built in Puebla, Mexico, the plant that has been providing most of the cars VW sells in the US. In another forum, I have said that VW may pull out of the US, and pivot it's Mexican plants to entirely building for other markets, while VW lays off more Germans.
Steve
