Volkswagen to Invest $340 Million in Tennessee Factory to Build New Atlas Variant
CHATTANOOGA, TN—Volkswagen of America said that it will build a new five-passenger Atlas SUV at its assembly plant here.
Based off Volkswagen’s MQB platform, a concept version of the five-passenger SUV will be unveiled at the 2018 New York International Auto Show. Similar to the seven-passenger Atlas, the five-passenger Atlas is being designed and built for the American market.
The automaker will invest about $340 million to assemble the vehicle, in addition to the $900 million that it has already invested in expanding the plant for the vehicle’s production. This vehicle is also being hailed as the third Volkswagen model to be assembled at the Chattanooga factory.
To learn more about VW’s Tennessee assembly plant, read senior editor Austin Weber’s 2013 profile of the facility.