New Delhi, Oct. 25 -- US President Donald Trump announced on Saturday, October 24, 2026, that German luxury carmaker Audi plans to invest $4.2 billion (around Rs.37,000 crore) in a new vehicle assembly plant near Macon, Georgia. It is Audi's first car manufacturing plant in the United States and will be able to make 200,000 SUVs a year and about 4,500 jobs.

The announcement came ahead of the November 3 US midterm elections, as Trump continues to promote his tariff policies as a way to boost domestic manufacturing. Audi, a subsidiary of Volkswagen Group, confirmed the investment in a statement, stating construction will start in 2027 and production in the early 2030s. The investment comes in the wake of a growing push by foreign car maker...