Quote:
Originally Posted by XDCX
Here's an article from Reuters with more information - click here
Apparently the suggestion that the U.S. gov't is pressuring Volkswagen to build electric vehicles in the U.S. came from a German newspaper that didn't cite any sources.
I remember reading earlier stories from the German media that suggested the U.S. government was trying to inflict harm on Volkswagen so our U.S. OEMs would benefit. I don't think the Germans understand how truly dysfunctional our Federal Government is. Hell, Obama gave Chrysler away to Fiat so they could move their corporate headquarters to London - hardly an example of strategic economic development.
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Not only did the FCA corporate headquarters move to London, the new entity is registered in the Netherlands as a
naamloze vennootschap basically the equivalent to a British
plc or our
LLC.
Certainly the
NV in FCA
NV is for some tax benefit...