Trump announces Audi will build $4 billion factory in US

US President Donald Trump announced on Saturday that German car producer Audi will build a $4 billion assembly plant in Georgia, USA. Speaking at a rally in Perry, Georgia, Trump highlighted the plant's annual production capacity of 200,000 SUVs, emphasizing the significance of this investment. He credited his tariff policies for Audi's decision to establish the plant in the US, noting that his administration's actions have encouraged businesses to shift production within the country.

Trump has been pushing foreign and domestic companies to relocate production to the United States, implementing tariffs on car imports as part of his strategy. Last year, Trump's tariffs resulted in a €1.2 billion loss for Audi. The announcement comes as Trump attempts to support Republican candidates in Georgia, aiming to secure a victory in the upcoming midterm elections.

The Republicans are concerned about potential losses due to soaring prices and the ongoing conflict in Iran. Audi, a subsidiary of Volkswagen, stated that construction of the plant will commence next year, with car production scheduled to begin in the early 2030s. The facility will manufacture Audi Q7, Q8, and Q9 SUVs. Additionally, the investment is expected to generate around 4,500 jobs.