Volkswagen abandons plans to build a new factory in Turkey

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2020-07-05 18:32:50

As we well know, Volkswagen has a new CEO, Ralf Brandstätter, who is currently the head of the German brand's passenger division. In his presentation, he reiterated that the most important thing at the moment is the financial stability of the company, of the group in general.

Among all his decisions is the Turkish factory. The firm has always loved the idea of having other facilities in other countries, especially in the Mediterranean country, not only for its expansion but also for its strategic location.

Volkswagen has always shown its interest in conquering the countries of Eastern Europe and the Middle East, however, due to instability in the Turkish country, especially along the border with Syria, made the firm look at other horizons.

In any case, the resolution was radically necessary, especially since the Emden factory, which is responsible for developing the Passat, would shortly begin a transformation into an electrical production headquarters, so the combustion models would remain in the air.