Volkswagen of America’s CEO forecasts 20% sales growth year over year, far outpacing the industry overall, with the fourth-quarter launch of the ID. Buzz paying homage to the classic Microbus.
While the UAW has said it seeks to organize all nonunion auto plants in the U.S., most of them in the South, VW Chattanooga may provide the union with its best opportunity.
John Lawler, Ford chief financial officer, says the company’s 2023 revenues grew 11% to $176 billion, marking Ford’s second consecutive year of double-digit growth. Net income improved year-over-year to $4.3 billion.