CEO states that Volkswagen goes ahead with the U.S. plant which lay off 16,500 impermanent workers

Martin Winterkorn who is the CEO stated to a German magazine that this particular year Volkswagen is not going to renew the contracts of its 16,500 workers due to the fall in the economy. In an interview he told that though there is industry crisis all over the world, there is no full stop in the construction of the new plant of VW in US. When the plant gets ready by 2011, he is expecting US to