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Canada Loans 400M to Volkswagen for Chance at Supplier Table
Canada Loans 400M to Volkswagen for Chance at Supplier Table

As Volkswagen plans to expand in Chattanooga and Puebla, the Canadian government is loaning €400 million ($433.8 million USD) to the German automaker in exchange for possible future supplier business.

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Mark Stevenson Mark Stevenson Apr 27, 2015
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Recent Comments
  • SCE to AUX Why can't the NHTSA find or keep its leaders?
  • Faith Shoot my 2015 Ecodiesel with 170k miles just went out. I'm bummed big time
  • Marky S. To: article author: My Pleasure! I just don't want to be seen as a "know-it-all". There is a good detailed article on Wikipedia about the poor Edsel. Many believe that Ford gave up on it too soon, although there are a variety of reasons why Edsel was not popular. It actually sold respectable well, considering that this NEW nameplate was introduced during a Recession.
  • EBFlex "I've only filled the gas tank three times in 2500 miles"Assuming you went from 0 gallons to full (17.2), you have averaged almost 50MPG over those 2500 miles. 50 MPG in a Jeep Wrangler. To all of you EV nut jobs, tell me again how PHEVs are not the absolute best thing to happen to automobiles since the wheel. And tell me how they don't make EVs look like the awful play toys that they are.
  • MRF 95 T-Bird The Buick 215/3.5-liter aluminum V8 was one of GMs great engines. Unfortunately GM being GM in one of their greatest mistakes was selling off the tooling to BL. If they kept it around and improved upon it it would have been a fine motor for their compacts and midsize models through the OPEC oil crisis.
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