Volkswagen picks Turkey for new factory
Volkswagen Group will build a multi-brand plant in Turkey. Groups's supervisory board on Thursday picked a site for the factory near the western coastal city of Izmir.
The plant will build cars for VW, Škoda and Seat. The state of Qatar, which has a 17 percent stake in Volkswagen, pushed for the factory to be built in Turkey at the board meeting.
A spokesman for Volkswagen's supervisory board told Reuters the plans for a new site were being firmed up but had not yet been finalized. Previous reports have said the factory will open in 2022/2023 with an annual capacity of up to 350,000 units.
Production will include the Škoda Karoq and Seat Ateca compact SUVs.