Volkswagen’s Audi has announced it will expand production in North America following President Donald Trump’s threat to impose a tariff of around 25% on all foreign car imports.
The automaker plans to expand production in the region to focus on specific cars for the U.S. market.
Today, Audi CEO Gernot Doellner informed reporters, “We have various options: We could go into existing Volkswagen Group plants, or we could build up additional capacity.”
Doellner, who also sits on Volkswagen’s management board said, “We are open to solutions and are evaluating the various options. We will make a decision this year.”
In January, Volkswagen’s CFO, Arno Antlitz, said the company was vulnerable to Trump’s tariffs due to its large production facility in Mexico and battery plant in Canada.
Despite the planned expansion, the company has not decided where to establish its base this year.
By CEO NA Editorial Staff
