MUNICH -- Volkswagen has named one of its veteran German managers, Frank Fischer, as the plant manager for its new U.S. factory.
Fischer will head a project team for the $1 billion (620 million euro) factory in Chattanooga, Tenn., effective October 1.
Fischer, 46, is a German native who has engineering degrees from Rheinisch-Westfaelische Technische Hochschule in Aachen, Germany, and the University of Washington in Seattle.
He joined VW group in 1991 and currently is manager of VW's components plant in Brunswick, northern Germany.
VW will begin making a sedan in Chattanooga to compete with the Toyota Camry and Honda Accord starting in late 2010. Initial capacity will be 150,000 vehicles a year.
Hans-Peter Stalf, 52, will succeed Fischer as manager of the Brunswick factory. Stalf is VW group's head of components control and is in charge of components planning for the VW brand.
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