The plant would build about 250,000 cars a year and would be less complex than retooling the existing operations, VW brand chief Ralf Brandstaetter said.
Tesla beats Mercedes for No. 3 spot in U.S. luxury registrations through Sept.
George Arison, the other co-CEO, will become the sole chief executive. Most of Russell’s day-to-day operational responsibilities are transitioning to Shift President Jeff Clementz.
Eberspaecher says ‘most' plants delivering parts to customers amid cyberattack