Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home
Summary
Audi plans to invest $4 billion in its first U.S. factory, in Macon, Georgia, where it aims to build 200,000 SUVs a year and create 4,500 jobs. The plant would make the Q7, Q8 and Q9, shifting some production from Slovakia, as Volkswagen faces U.S. import tariffs and cuts jobs in Germany.Key Facts
- Audi says the factory will be its first in the United States.
- The planned investment is $4 billion.
- Audi aims to produce 200,000 SUVs a year at the Georgia factory and create 4,500 jobs.
- The plant is expected to build the Q7, Q8 and Q9 SUVs, with some production moving from Bratislava, Slovakia.
- Volkswagen says U.S. tariffs have cost it as much as €5 billion a year, before accounting for lower sales.
- Volkswagen has begun plans to cut as many as 100,000 jobs and close factories in Germany.
- Audi chief executive Gernot Döllner announced the plan alongside President Donald Trump at a rally.
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