SAO PAULO, Brazil - Volkswagen AG said on Monday its Brazilian unit beat out rival factories in Portugal, Spain and Slovakia to produce the company's new VW249 model.
The Nova Anchieta plant in the city of Sao Bernardo do Campo on the outskirts of Sao Paulo will produce and export the new model, which originally was developed in Brazil, VW said in a statement.
Production is expected to start in 2005, with most of the output going to the European market. VW said it also is negotiating to export the model to Asia.
VW also will produce the VW249 model in its Sao Jose dos Pinhais plant in the southern state of Parana for the domestic market.
A spokeswoman for the company declined to provide any details on the car except that it will be a small model.