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Audi: Decision on US factory coming by mid 2009

Audi
Audi will decide about a possible US factory by mid 2009.

Audi AG will make a decision on a U.S. plant by mid-2009, said Peter Schwarzenbauer, board member in charge of marketing and sales.

The German automaker is weighing whether to build a stand alone assembly plant or to share the $1 billion plant that Volkswagen AG has under construction in Chattanooga, Tenn., that is slated to begin production in early 2011.

One factor in the decision is the timing and lifecycle of the products that will be built in the U.S., said Johan de Nysschen, Audi of America Inc. president.

Audi has some candidates in mind but Schwarzenbauer would not elaborate.

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Source: Detroit News