STEVE INSKEEP, HOST: NPR's business news starts with a little German engineering.</s>STEVE INSKEEP, HOST: Volkswagen has announced plans to invest $7 billion in its North American operations. It's part of an effort to boost sales in the United States, which slid 7 percent last year. A new seven-seat SUV designed specifically for the American market is a central part of the new investment plan.</s>STEVE INSKEEP, HOST: It is believed the new vocal will be built at VW's plant in Chattanooga, Tennessee.
The cash infusion is part of an effort to boost sales in the U.S., which slid 7 percent last year. A new 7-seat SUV designed specifically for the American market is a central part of the new investment plan.