Trump says Audi to invest $4.2b in its first US auto plant

US President Donald Trump confirmed a report by trade publication Handelsblatt on the construction of the first US factory for Audi, the German car manufacturer, during a campaign event in Georgia. "I am very happy to be able to announce a massive investment in the automotive sector in the great state of Georgia today," Trump said on stage in Perry, Georgia.

According to Trump, Audi will invest $4.2 billion and produce a total of 200,000 cars per year. Trump presented the Audi CEO Gernot Döllner to his supporters, noting that "I would rather not have him up here. He looks too good." Döllner quickly thanked Trump in his brief speech, expressing gratitude for the support and the great opportunity.

The company plans to bring the largest and highest-quality SUVs to the US and produce them in Macon, Georgia. "This is a long-term investment, because we believe in the American market," Döllner said amid the applause from Trump's supporters.