Connect with us

Hi, what are you looking for?

COMMERCE

Trump says Audi to invest $4.2 bn in its first US auto plant

WASHINGTON, Oct 25, 2026 (Net) – US President Donald Trump announced on Saturday that German automaker Audi planned to invest $4.2 billion to build its first factory in the United States that will produce 200,000 vehicles a year.

Audi confirmed the investment in a release, saying the plant would create about 4,500 jobs.

“I’m thrilled to announce a massive auto manufacturing investment in the great state of Georgia by a fantastic company,” Trump said at a campaign rally 10 days ahead of the November 3 midterm elections that will determine control of the US Congress.

“Audi has just committed to invest $4.2 billion dollars in nearby Macon, Georgia, to begin the construction next month on a massive plant that will produce 200,000 cars a year,” Trump continued.

Audi, which is a unit of Volkswagen, said in its release that construction was scheduled to begin next year and production in the early 2030s.

“The planned investment intends to mark a long-term commitment to the United States and to establish North America as a third major pillar of Audi’s global production network alongside Europe and China,” it said.

VW, long a titan of German industry, has struggled with US tariffs, Chinese competition and patchy demand in Europe.

About 50,000 job cuts have already been agreed across the 10-brand Volkswagen Group — mostly at VW, Audi and Porsche — but the company has said another 50,000 could be required worldwide to slash costs.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

You May Also Like

FRONTPAGE

Staff Reporter: Eight more children died with measles-like symptoms in 24 hours until 8:00am on Saturday, bringing the country’s combined tally of confirmed and...

AROUND THE WORLD

GAZA CITY, Palestinian Territories, Oct 25, 2026 (Net) – An Israeli strike on a university in Gaza City killed three people on Sunday, staff...

SPORTS

MADRID, Oct 25, 2026 (Net) – Julian Alvarez continued on his road to redemption by scoring as Atletico Madrid beat Deportivo La Coruna 1-0...

COMMERCE

Commerce reporter: Bangladesh Bank (BB) spokesperson Arief Hossain Khan today said there is no risk to any type of transaction at present, assuring the...

Copyright © 2023 The Good Morning. All Rights Reserved.
Editor and Publisher: Enayet Hossain Khan
70, Pioneer Road, Kakrail, Dhaka- 1000, Bangladesh.
Phone: +88-01711424112, +88-01847255828
Email: dailygoodmorning@yahoo.com, thegoodmorningbd@gmail.com
Designed & Maintained By TECHIENET SOFTWARE ltd.