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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Posted By Global Banking and Finance Review

    Posted on December 12, 2024

    Featured image for article about Finance

    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)

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