tradingkey.logo

Audi could build plant in US to placate Trump, Spiegel reports

ReutersJun 20, 2025 10:38 AM

- Volkswagen's VOWG_p.DE premium brand Audi could build a plant at a new location in the United States under scenarios being considered to placate President Donald Trump in the tariff conflict, the Spiegel news magazine reported on Friday.

Audi is considering building a plant in the southern U.S., which would be the more expensive option out of a number of scenarios being considered, with company sources estimating costs of up to 4 billion euros ($4.61 billion), the report said.

The company was not immediately available to comment on the report.

($1 = 0.8678 euros)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI