Trump set to announce Audi plan to build US factory in Georgia, source says
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According to Reuters and other outlets citing sources, President Trump is set to announce that Volkswagen's Audi brand plans to build a US factory in Georgia, with one report citing a $4.2 billion investment. Bloomberg reported that Volkswagen plans the new Audi plant in Georgia while also expanding operations in South Carolina, framing the move as a win for Trump. Agenzia Nova reported that Audi is considering building its first US plant. The announcements, attributed to sources and to Trump himself, indicate a major foreign automotive investment in the United States, though full details of the plan have not been independently confirmed in the source text.
Source report
Sources: Reuters, Bloomberg, Agenzia Nova, Breakingthenews.net, Investing.com
Key Developments
- Trump to announce Audi plant: President Trump is set to announce that Audi plans to build a U.S. factory in Georgia, according to a source cited by Reuters.
- Volkswagen's Georgia investment: Volkswagen plans a new Audi plant in Georgia, a move described by Bloomberg as handing Trump a win.
- Investment figure: Trump stated that Audi will invest $4.2 billion in the Georgia plant (Breakingthenews.net).
- First U.S. plant under consideration: Press sources indicate Audi is considering building its first plant in the United States (Agenzia Nova).
- Additional expansion: Volkswagen will build the Georgia Audi plant and expand operations in South Carolina, per Bloomberg (via Investing.com).
Source
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Part of this Story
Audi to build first US plant in Georgia with $4 billion investment