VW Finalizes Plan to Make Cars in Turkey
Volkswagen AG will build an auto assembly plant in Manisa, Turkey, to make cars for sale in Turkey, the Middle East and Russia.
The factory will produce Skoda Superb and VW Passat midsize sedans. The facility will be operated by Volkswagen Turkey Otomotiv Sanayi ve Ticaret AS. Bloomberg says the company has been capitalized at 944 million liras ($165 million).
The €1 billion ($1.1 billion) factory will employ as many as 4,000 people and have the capacity to make 300,000 vehicles per year, according to media reports. Production is expected to begin in 2022.
VW says it is still in final negotiations for the project, which was posted today in a Turkish trade registry. The facility will enable the carmaker to relocate Superb/Passat production from Emden, Germany, a plant that VW plans to convert to make electric cars beginning in 2022.
Reuters reported last month that VW was nearing a final deal to build a factory in Turkey.
I'm not talking about a plastic Revell model of a '57 Chevy, but a real vehicle, one that rolls off an assembly line in 1999 with another 99,999 just like it right behind. Is it possible, or is this just a fantasy of the marketing department at Elmer's?
Honda is an engine company.
Generally, when OEMs produce aluminum engine blocks (aluminum rather than cast iron because cast iron weighs like cast iron), they insert sleeves into the piston bores—cast iron sleeves.