Skip to content

News · Business & Finance · United States

Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home

Source: The Guardian

Image: The Guardian

VW investment creates 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…

This is a short summary of a report by a third-party publisher. Newsline Press did not produce the original reporting.

Read the full story at The Guardian

Original publisher: The Guardian

This content is for information only and is not investment advice. See our disclaimers.

Spotted an error? Request a correction · Corrections Policy

Related stories

Business · United States

Presidential runoff under way in Brazil

Brazil is also heading to the polls today for a run-off vote that will decide who leads the country. The race is on a knife edge between incumbent left-wing President Luiz Inácio Lula da Silva and right-wing Senator Flávio Bolsonaro. The son of former president Jair Bolsonaro, Flávio scored a major upset in the first round earlier this month, taking the lead in the vote. The campaign has been dominated by…

France 24 ·

Business · Europe

Hundreds of thousands march in France to protest against government

Hundreds of thousands marched across France on Saturday protesting the rising cost of living and a lack of government resources for essential services like schools. While demonstrations in Paris started peacefully they ended with a heavy security response, with almost 1,000 arrested across the country. France 24 International Affairs Editor Oliver Farry shares further details.

France 24 ·