Audi Seeks Investor for Brussels Plant
Audi Seeks Investor for Brussels Plant
Audi Seeks Investor for Brussels Plant
News summary

Audi is actively seeking an investor for its struggling Brussels plant, which employs approximately 3,000 workers and produces the Q8 e-tron electric SUV. Despite examining over 20 alternative business models, Audi has not found a viable option for the plant, leading to discussions of possible closure due to declining demand for luxury electric vehicles. The plant's high production costs and logistical challenges exacerbate its struggles, prompting Volkswagen to consider broader cost-cutting measures, including potential plant closures in Germany. Recently, over 5,000 people protested in Brussels in support of the Audi employees, highlighting community concerns about job security. The outcome of these efforts will significantly impact both the workforce and Audi's positioning in the electric vehicle market. A corporate council meeting is scheduled for early October to further discuss the plant's future.

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