FRANKFURT, Germany (AP) -- Germany's Volkswagen AG says it will likely announce a decision on its plans for a new U.S. plant after a supervisory board meeting next week.
Europe's largest carmaker has been considering locating a new production facility in Alabama, Tennessee or Michigan.
The company wants to increase its presence in the U.S., where it holds only 2 percent of the market. VW officials have said the company intends to more than triple its U.S. sales to 1 million by 2018.
VW spokesman Christoph Adomat said Monday that an official announcement is most likely some time after a July 15 meeting of the supervisory board -- the German equivalent of a board of directors.
He declined to comment on the progress of discussions.