Everybody in the Chattanooga area knows about Volkswagen's $1 billion investment in an automobile-manufacturing plant here, and we're excited that VW Passats are rolling off local assembly lines by the hundreds.
But did you read about the German company's other plans? VW says it plans to invest a stunning $86 billion over the coming five years in its quest to become the biggest car maker in the world! The money will go toward plants, vehicles and research and development, Bloomberg News reported.
What does that mean for Chattanooga, with our shiny new VW plant? That's hard to say at this point. There has been some talk of expanding local operations -- which of course our community would warmly welcome.
We cannot guess, however, what if any portion of VW's plans for a worldwide investment of $86 billion would involve Chattanooga directly.
But it just may be thrilling to find out!
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