• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Volkswagen plans new Audi plant in Georgia and expands Scout Motors in South Carolina

FinanceInternationalBloomberg Línea40 s readAI summary
Image: Bloomberg Línea

Volkswagen will build a new Audi factory in Macon, Georgia, to produce the Q7, Q8 and Q9 models, with capacity for 200,000 vehicles a year, and will expand its Scout Motors plant in Blythewood, South Carolina, adding 25,000 units a year. Donald Trump will announce the plan on Saturday at a political event in Perry, Georgia. The company hopes to obtain tariff relief, although any change would apply to all manufacturers that expand production in the United States.

In 40 seconds

  • The new Audi plant in Macon, Georgia, will have capacity for 200,000 vehicles a year and will build the Q7, Q8 and Q9.
  • The Scout Motors expansion in Blythewood, South Carolina, will add 25,000 units a year for a model not yet defined.
  • Trump will announce the plan on Saturday in Perry, Georgia, during the midterm election campaign.
Read the full story at Bloomberg Línea

IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading