Audi Will Invest $4 Billion To Build SUVs in America
- On Saturday, Audi Chief Executive Gernot Döllner joined President Donald Trump in Georgia to announce a $4 billion factory near Macon, expected to create roughly 4,500 jobs and mark the brand's first U.S. assembly plant.
- Facing about $1.4 billion in annual tariff costs, Audi aims to mitigate trade volatility by shifting production locally, as the manufacturer previously imported all American-market vehicles from Mexico or Europe.
- The facility will produce 200,000 sport utility vehicles annually, including the Q7, Q8, and forthcoming Q9 models, positioning Audi to compete with rivals BMW and Mercedes-Benz, which already operate U.S. assembly sites.
- While pursuing American growth, Volkswagen Group faces domestic restructuring involving approximately 50,000 global position reductions; the IG Metall union called the timing 'hard to understand,' emphasizing German employees need clear job prospects.
- Construction begins next year, with vehicle production anticipated in the early 2030s, representing a strategic reassessment as Volkswagen balances high operating costs, weaker demand, and the transition to electric vehicle manufacturing.
107 Articles
107 Articles
The president of the most powerful German trade union IG Metall, Christiane Benner, vehemently criticized Monday the participation of the director of the German automaker Audi in an election rally with Donald Trump, an occasion on which an investment of four billion dollars of Audi was announced in its first plant in the USA, informs AFP.
Audi CEO’s appearance at Trump rally ‘deeply embarrassing’, says union head
Gernot Doellner faces criticism from Germany’s union leader, who says his rally appearance violated Audi’s guidelines, as the automaker plans a US$4 billion plant in Georgia.
Leading employee representatives: Döllner has to sink in front of "shame in the ground", appearance to the Audians "not worthy"
Audi CEO's appearance at Trump rally was 'deeply ...
At an election campaign event in the U.S. state of Georgia, US President Trump announces the construction of an Audi plant in Georgia. He then asks the Audi boss on stage to thank Trump for his support.
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