The U.S. needs to address rising debt and reduce political discord if it wants further investment from foreign companies such as Volkswagen AG, the top U.S. executive for Europe’s biggest carmaker said.
Volkswagen AG, aiming to increase U.S. sales with a revamped Passat, has received an award from Motor Trend magazine that may help its marketing of the redesigned midsize sedan.
Volkswagen AG , Europe’s largest carmaker, named Jonathan Browning to head its U.S. operations, putting an end to a 2 1/2-month leadership vacuum at the unit.
"The intensity of competition has increased, especially with the recovery from the recession."
- Jonathan Browning on Oct 30, 2013
Volkswagen's Browning Discusses Creating Jobs