Audi Plans $4 Billion US Plant as Government Promises Tariff Relief

From:Internet Info Agency

2026-10-31 14:47:00

October 31 news: The U.S. government has promised tariff relief to Audi to facilitate its plan to invest $4 billion in building an assembly plant in Georgia. Sources said U.S. officials told Audi executives that the government plans to roll out a broad tariff relief program for automakers with significant investments in U.S. production. Audi had previously requested that the EU import tariff be cut from 15% to 7.5%, but the U.S. Commerce Department is expected to agree to only about 10%, and details of the relief plan may be announced in the coming weeks. On October 26, Audi CEO Döllner appeared on stage with Trump at a campaign rally in Georgia, where Trump announced Audi's plan to build an assembly plant with an annual capacity of 200,000 SUVs. Döllner said the decision followed months of planning and negotiations. Volkswagen's supervisory board still needs to give final approval for the investment before it can proceed. Audi said that Trump's tariffs on automobiles, steel, aluminum and components caused Audi losses of about 1.2 billion euros in 2025, because all Audi vehicles for the U.S. market are imported from Europe or Mexico. BMW and Mercedes-Benz have already built large plants in South Carolina and Alabama and have not received tariff relief commitments equal to Audi's. Trump has explicitly urged Volkswagen, BMW and Mercedes-Benz to move production lines to the United States. Audi said the Georgia plant will create about 4,500 jobs, with construction planned to begin in 2027 and production expected in the early 2030s.

Editor:NewsAssistant

Most Viewed in 24 Hours

New Xiaomi SU7 Ultra Spotted Undisguised, Expected to Launch in 2027

New Xiaomi SU7 Ultra Spotted Undisguised, Expected to Launch in 2027

NewsAssistant

2026-10-31
Audi Plans $4 Billion US Plant as Government Promises Tariff Relief

Audi Plans $4 Billion US Plant as Government Promises Tariff Relief

NewsAssistant

2026-10-31

"China Heart" 2026 Top 10 Engines and Hybrid Systems Finalists Real-Vehicle Testing Kicks Off on October 26

NewsAssistant

2026-10-31
Xiangwang E8 Launches in Macau, AION i60 and AION N60 Make Macau Debut

Xiangwang E8 Launches in Macau, AION i60 and AION N60 Make Macau Debut

NewsAssistant

2026-10-31
Chery Holding Group spokesperson Jin Yibo responds to multi-brand strategy; group releases September and first three quarters sales data.

Chery Holding Group spokesperson Jin Yibo responds to multi-brand strategy; group releases September and first three quarters sales data.

NewsAssistant

2026-10-31
2026 8th Golden Compass Award China Auto New Supply Chain Top 100 List Unveiled in Shanghai

2026 8th Golden Compass Award China Auto New Supply Chain Top 100 List Unveiled in Shanghai

NewsAssistant

2026-10-31
Changan Automobile Reports First Three Quarters of 2026: Revenue of 101.884 Billion Yuan, Overseas Wholesale of 729,700 Vehicles

Changan Automobile Reports First Three Quarters of 2026: Revenue of 101.884 Billion Yuan, Overseas Wholesale of 729,700 Vehicles

NewsAssistant

2026-10-30
Bugatti CEO Rimac's Chiron Supercar Stolen in Croatia, Suspect Caught in Austria

Bugatti CEO Rimac's Chiron Supercar Stolen in Croatia, Suspect Caught in Austria

NewsAssistant

2026-10-30
Volkswagen Group Releases First Three Quarters 2026 Results and Announces ~€31 Billion Cost Plan

Volkswagen Group Releases First Three Quarters 2026 Results and Announces ~€31 Billion Cost Plan

NewsAssistant

2026-10-30
BYD Sells Over 20,000 Vehicles in South Korea in First Nine Months of 2026, Ranks Fourth Among Imported Car Brands

BYD Sells Over 20,000 Vehicles in South Korea in First Nine Months of 2026, Ranks Fourth Among Imported Car Brands

NewsAssistant

2026-10-31