Volkswagen ag dropped 2.6 percent to 113 euros, leading a gauge of European automakers lower for a third day.

德国大众汽车公司股价下跌2.6%，至113欧元，在汽车板块中跌幅居前，欧洲股市汽车个股连续三天下挫。

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Volkswagen AG plans to build a Tennessee plant that will assemble a new sedan in the second half of 2011.

大众汽车(Volkswagen AG)计划于2011年下半年在田纳西州新建一家工厂，组装一款新轿车。

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Competition from overseas automakers, including Volkswagen ag and General Motors Corp., is also squeezing margins.

来自大众、通用等国外生产商的竞争也在挤压着利润空间。

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Besides Daimler, Audi, owned by Volkswagen AG, has been manufacturing cars in Hungary since 1994.

FORBES: Daimler Rides Out European Woes By Shifting Compact Car Production To Hungary

Other car companies, such as BMW AG and Volkswagen AG, also have Silicon Valley presences.

WSJ: Ford Joins Quest to Tap Silicon Valley's Innovation

Still, despite the headwinds, well-run companies like Volkswagen AG are able to remain profitable in Europe.

FORBES: Why Are U.S. Taxpayers Still Footing The Bill To Fix A German Automaker?