Chris Baus

Volkswagen to export from N. America

The Wall Street Journal is reporting:

Volkswagen plans to lower its exposure to the weak dollar by exporting about 125,000 vehicles from North America and Mexico to Europe, people familiar with the company's plans said. By increasing production in locations that use the dollar, VW can reduce the proportion of components and vehicles that are made in regions that use the euro.

I have been wondering when a weak dollar would trickle into increased US exports.