Audi says its first U.S. plant is a $4 billion bet to grow sales and reduce tariff exposure.
The VW-owned brand plans to build SUVs at its first U.S. factory in Georgia, with a $4 billion investment.
Audi said it aims to build 200,000 SUVs there and create 4,500 jobs.
Its CEO said the move is meant to grow U.S. sales and reduce exposure to tariffs.
The plan comes as VW restructures, with 50,000 planned job cuts and four German plant closures from 2031 to 2034.
💬 Should carmakers localize production to manage tariffs?
Source: CNBC, The New York Times, The Guardian
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