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Audi defends plans for a $4 billion Georgia plant amid VW restructuring, tariffs

CNBC·Oct 25, 2026 · 11:42 AM CT
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Audi CEO Gernot Döllner defended plans for a $4 billion SUV plant in Georgia, the brand's first U.S. factory, calling it a business decision to grow sales and cut exposure to U.S. tariffs. President Trump announced the plant at a Georgia rally on Saturday. It comes as parent Volkswagen plans to cut 50,000 jobs and close four German plants, including an Audi site, between 2031 and 2034.

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