Another blow to us folks here in Southeast Michigan!
VW moving HQ out of Michigan
Volkswagen AG is moving its North American headquarters from Michigan to northern Virginia to attract a younger skilled workforce, according to a report in the Washington Post Thursday morning.
The German automaker has 1,600 employees at its Volkswagen of America offices in Auburn Hills and Rochester Hills. The Post reports suggest that the company will move about 400 jobs and invest about $100 million in a move to Herdon, Va., a suburb of Washington, D.C. The paper also reported that about 400 Detroit-area jobs would be eliminated leave 600 positions in Southeast Michigan.