• Volkswagen plant in Chattanooga hires new CEO

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    CHATTANOOGA, Tenn. (AP) - A Volkswagen plant in Tennessee is getting a new chief executive who in the coming months will work on an $800 million expansion and oversee two vehicle launches.

    The Times Free Press reports 58-year-old Tom du Plessis will be taking over as CEO for Frank Fischer who took the position temporarily in May.

    The 11-year vet with Volkswagen says it's an interesting time for the factory. The Chattanooga plant held a union vote in May that didn't pass. Du Plessis declined to comment on it.

    The factory is going to launch a new five-seat SUV based on the Atlas and the 2020 Passat by year's end. The plant also plans to break ground on an $800 million electric vehicle facility with plans to produce a new SUV in 2022.

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    Information from: Chattanooga Times Free Press, http://www.timesfreepress.com

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