VIENNA – Volkswagen AG is considering transferring production of some cars from Brazil to other countries to reduce the impact of the overvalued real, says Dietmar Korzekwa, head of VW’s Wolfsburg, Germany, plant. However, Korzekwa says any such move would be complicated by the high local content of the Brazilian-made VWs. The country's strengthening currency is making Volkswagen do Brasil Ltda. exports, including the Fox small car, unprofitable. “At the moment, we are almost glad ...
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