German luxury automaker Audi is preparing to build cars in America for the first time, and its investment could reach $7 billion.
Last month, Audi announced plans for a $4 billion manufacturing plant in Georgia that would employ approximately 4,500 workers and produce up to 200,000 vehicles annually. Now, documents obtained by the Atlanta Journal-Constitution reveal that the company is considering a second phase worth another $3 billion, potentially adding 3,000 jobs.
If Audi can sell a luxury SUV for $90,000, moving production to Georgia doesn’t mean it will suddenly offer that vehicle for $80,000.
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That would bring Audi’s total investment to $7 billion and its workforce to 7,500, although the expansion remains a possibility, not a commitment. Even the original plant still awaits final corporate approval.
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