Brazilian Volkswagen employees approve the $193 million investment

• Workers at Volkswagen’s Taubate plant in Brazil approve an investment of $192.97 million for the new model.
• The plant is starting a new production cycle after the implementation of the “MQB” modular design strategy.
• The first car to be produced under the platform will be the Polo Track model.

Volkswagen Group (VOWG_p.DE) laborers at its Taubate plant, in the Brazilian territory of Sao Paulo, supported on Wednesday an understanding permitting speculation of 1 billion reais ($192.97 million) for the creation of another model beginning in 2025, the nearby metalworkers’ association said in an explanation.

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The plant, which as of now delivers the Gol and Voyage models, utilizes around 3,200 specialists and is beginning another creation cycle after the execution of Volkswagen’s “MQB” measured plan procedure.

The primary vehicle to be delivered under the stage will be the Polo Track model, which will be sent off the following year, the association said.

Volkswagen didn’t promptly answer solicitations to remark regarding this situation. The particulars of the arrangement were not uncovered by the association.

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Last week, laborers at Volkswagen’s fundamental Brazil plant in Great Sao Paulo’s Sao Bernardo do Campo, acknowledged a pay decline and a cut in working hours beginning in July because of the absence of car parts and electronic parts.