Donald Trump announced at an election rally in Georgia that Volkswagen AG had agreed to build a $4.2 billion Audi plant in the state. Audi confirmed plans for a U.S. factory but said car production would begin only early next decade. Trump also defended his use of tariffs, saying they had made the United States richer.
WHO:Donald Trump and Volkswagen AG
WHAT:Trump announced Volkswagen AG had agreed to build a $4.2 billion Audi plant in Georgia, and Audi confirmed factory plans.
WHEN:Reported Oct 25, 2026 at 12:44 AM ET
WHERE:Georgia, USA
WHY:The stated reason for the factory plans was not reported.
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