Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home
Audi will build a $4 billion SUV factory in Georgia creating 4,500 US jobs, as parent company Volkswagen tries to manage the cost of Trump's tariffs while cutting up to 100,000 jobs in Germany.
VW investment, creating 4,500 jobs in Georgia, comes amid Trump’s damaging tariffs, intense Chinese competition and costly shift towards EVs
Audi announced a $4 billion factory in Macon, Georgia, with its CEO joining Trump on stage at a campaign rally to make the announcement.
The plant will produce 200,000 Q7, Q8 and Q9 SUVs a year and create 4,500 jobs, shifting some production from Bratislava in Slovakia.
Volkswagen says Trump's tariffs cost it up to 5 billion euros a year, and the US investment adds to tensions as the company cuts up to 100,000 jobs in Germany.
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