Skip to site menu Skip to page content

Daily Newsletter

18 September 2024

Daily Newsletter

18 September 2024

Audi wants Brussels plant investor

Had examined several options for the site

Graeme Roberts September 17 2024

Audi is looking for an investor for its struggling Brussels plant, production director Gerd Walker told Reuters on Tuesday.

The company had examined several options for the site and discussed them with employees but had not yet made a final decision on the future of the site as none of the options were proven to be economically rational, Walker added.

Volkswagen, which is no longer ruling out plant closures in Germany as part of a cost cutting drive, said in July it was considering closing its Brussels site, which employs about 3,000 people, due to low demand for its higher end electric cars.

The factory produces Audi's electric luxury Q8 e-tron SUV which may be discontinued due to insufficient demand, Reuters nored.

More than 5,000 people marched through Brussels on Monday in solidarity with workers of Audi Brussels, the report added.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close