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Volkswagen Turkey Unit Paves Way for $1.4 Billion Plant

  • Carmaker officially notifies trade registry of its Turkey unit
  • Plant expected to creat 5,000 job in Turkey’s Manisa province
The site will bundle production of the VW Passat and Skoda Superb mid-sized sedans in a move to create a bridgehead to grow sales across Eastern Europe and the Middle East. 

The site will bundle production of the VW Passat and Skoda Superb mid-sized sedans in a move to create a bridgehead to grow sales across Eastern Europe and the Middle East. 

Photographer: Vincent Mundy/Bloomberg

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Volkswagen AG established a Turkish unit in the western city of Manisa, paving the way to start making cars in the country with an investment of 1.3 billion euros ($1.4 billion).

The planned unit would have an annual production capacity of around 300,000 units and focus mostly on export markets, according to a senior Turkish official with direct knowledge.