Audi could build plant in US to placate Trump, Spiegel reports
Audi could build plant in US to placate Trump, Spiegel reports
Published by Global Banking and Finance Review
Posted on June 20, 2025
Published by Global Banking and Finance Review
Posted on June 20, 2025
BERLIN (Reuters) -Volkswagen's 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)
(Writing by Rachel More, Editing by Friederike Heine)
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