VW’s Key U.S. Model Delayed By Incentive Tug-of-war: Sources
Sources said a tug-of-war between Mexico and Tennessee over incentives is delaying Volkswagen’s decision on where to build a make-or-break vehicle in North America and the German group’s efforts to fix its ailing U.S. business. sources told Reuters on Monday the state of Tennessee reopened talks with VW on tax breaks and infrastructure to lure the firm to build a midsize crossover at its Chattanooga plant last week after a pitch by Mexican authorities.
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