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Volkswagen CEO Martin Winterkorn said today the automaker plans to build a midsize SUV in North America to go on sale in 2016. The company will invest $7 billion in North America over the next five years in its quest to sell more than 1 million Volkswagen and Audi vehicles in the U.S. by 2018. Winterkorn would not say where the SUV would be built, but its plant in Chattanooga, Tenn., is under consideration.
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