Finance

Volkswagen's Audi to halt Brussels production by Feb 28, Belgian media reports

Published 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)

;