Volkswagen plans new Audi manufacturing facility in Georgia
Volkswagen AG will build a new Audi factory in Georgia and expand its South Carolina facility, with an official announcement expected from US President Donald Trump.
German automaker Volkswagen AG is preparing to construct a new manufacturing facility for its premium Audi brand in Georgia, while also expanding an existing site in South Carolina. US President Donald Trump is expected to publicly announce the investment on Saturday amid the closing weeks of the midterm election cycle.
The planned expansion highlights a strategic push by the German carmaker to localize production for the American market. Specific investment figures, employment targets, and production schedules have not yet been fully detailed by the company or administration officials.
Sources: Bloomberg.