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VW Plans €4.2 Billion Upgrade for Factories in Spain
Volkswagen AG says it will spend €4.2 billion through 2019 to upgrade its assembly plants in Martorell and Navarra, Spain, and prepare them for unspecified new models.
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Volkswagen AG says it will spend €4.2 billion through 2019 to upgrade its assembly plants in Martorell and Navarra, Spain, and prepare them for unspecified new models.
The program is the largest industrial investment in Spain's history. VW employs about 22,000 people in the country.
Previous reports say the SEAT factory in Martorell (Barcelona) will be retooled to produce the next-generation Audi A1 minicar. The current A1 is made in Belgium. VW's Pamplona plant makes the VW Polo subcompact car. The two factories produced 748,400 vehicles last year, up 13% from their total in 2013.
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