Published by Global Banking & Finance Review®
Posted on December 12, 2024
1 min readLast updated: January 27, 2026
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Audi's Brussels plant will cease production by February 28, 2024, as no alternatives to closure were found. Nio denied interest in acquiring the site.
BRUSSELS (Reuters) - Volkswagen's Audi plant in Brussels will cease production by Feb. 28 next year, Belgian media cited an Audi spokesperson as saying on Thursday, after the company said no alternatives to closure have been found.
A spokesperson for Audi Belgium was not immediately available for comment.
The plant closure had seemed likely after a spokesperson said in November that Audi, Volkswagen's luxury division, had been unable to find a buyer for the struggling Brussels plant.
Belgian media reported in October that Chinese electric vehicle maker Nio was among those interested in Audi's Brussels site, but Nio CEO William Li denied that the company had plans to acquire the plant.
(Reporting by Charlotte Van Campenhout; Editing by David Goodman)
The main topic is the closure of Audi's Brussels plant by February 28, 2024, due to the inability to find alternatives or a buyer.
Audi is closing the Brussels plant because no alternatives to closure were found, and they were unable to find a buyer.
Nio was rumored to be interested, but CEO William Li denied any plans to acquire the plant.
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