Volkswagen moving, axing 400 jobs
Published: Fri, Sep. 07, 2007 12:00AM
Modified Fri, Sep. 07, 2007 03:28AM
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closeHERNDON, VA. -- Volkswagen is moving its North American headquarters out of the Detroit area -- the nation's automotive capital -- to the suburbs of the nation's capital and will cut 400 jobs in the process.
Volkswagen of America's move from Auburn Hills, Mich., to Herndon will begin in April 2008 and be completed by the end of next year, the German automaker said.
About 600 of the current 1,400 employees will remain at Auburn Hills in call center and technical services positions, while 400 jobs will be transferred to Virginia.
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Volkswagen of America President and CEO Stefan Jacoby said the company scouted 14 locations before settling on northern Virginia, which offered $6 million in economic incentives. He said he wanted to get Volkswagen's headquarters closer to the company's customer base, which is strong on the East and West coasts and particularly strong in the Mid-Atlantic region.
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