Donald Trump announces “huge investment” from Audi in the United States
The German automaker confirmed the investment, specifying that the factory would be Audi's first in the United States and would create around 4,500 jobs.
US President Donald Trump announced during a campaign rally on Saturday that German automaker Audi plans to invest $4.2 billion to build a factory in the state of Georgia that will produce 200,000 vehicles per year. The German automaker confirmed the investment in a press release, specifying that the factory would be Audi's first in the United States and would create around 4,500 jobs.
“I am delighted to announce a huge investment in automobile manufacturing in the great state of Georgia by a wonderful company,” declared Donald Trump during this rally organized less than two weeks before the mid-term elections, decisive for the rest of his second term. “Audi has just committed to investing $4.2 billion near Macon, Georgia, to begin construction next month of a huge factory that will produce 200,000 cars per year,” continued Donald Trump.
A subsidiary of the German automobile group Volkswagen, Audi indicated in its press release that the start of work was planned for next year and the launch of production for the early 2030s. “The planned investment aims to mark a long-term commitment to the United States and to make North America the third major pillar of Audi's global production network, alongside Europe and China,” the press release added. “An opportunity” Since Donald Trump's return to the White House, General Motors, Toyota, Ford and other manufacturers have announced plans to expand factories in the United States or partially relocate their production, encouraged in particular by 25% customs duties on imported vehicles.
An increase in production in the United States represents “an opportunity”, “provided that factories and employees in Germany also benefit from it”, underlined in a separate press release Olaf Lies, the president of the German region of Lower Saxony, where the headquarters of the Volkswagen group, the flagship of the country's automobile crisis, is located. Long a giant of German industry, Volkswagen has faced U.S. tariffs, Chinese competition and erratic demand in Europe. The group concluded an agreement with the unions at the beginning of September providing for 50.
000 additional job losses by 2030, bringing the total projected reduction in workforce worldwide to around 100,000.
Machine-translated from French
Why it is marked verified
2 independent newsrooms report this story. La Tribune published it first, 5 h before the last one.
- La Tribune25 Oct, 08:15Donald Trump announces “huge investment” from Audi in the United States ↗Figures: 4.2 milliards
- Le Figaro25 Oct, 12:49Donald Trump announces “huge investment” from Audi in the United States ↗Figures: 4.5 emplois
| Publisher Le Figaro (established tier) | +76 |
| Detailed summary | +2 |
| Carried by 2 newsrooms | +5 |
| Total | 83 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.