Business news brief
Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home
NEWS DESKBusiness
PUBLISHEDOct 25, 2026, 1:43 PM
What the source reports
VW investment, creating 4,500 jobs in Georgia, comes amid Trump’s damaging tariffs, intense Chinese competition and costly shift towards EVs Audi has said it will spend $4bn (£3bn) to build its first factory in the US, as its parent company, Volkswagen, struggles with the impact of steep tariffs imposed by Donald Trump.
The German brand’s chief executive, Gernot Döllner, joined Trump on stage at a campaign rally on…
Main source: The Guardian Business
TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.
Read the complete report ↗