Volkswagen Needs Tariff Cut to Proceed With U.S. Audi Factory, Handelsblatt Says, Citing CEO

Dow Jones01-26

--Volkswagen can only move forward with a planned Audi factory in the U.S. if there is a change in auto tariffs, Volkswagen Chief Executive Oliver Blume says in an interview with German media outlet Handelsblatt.

--"With the tariff burden remaining unchanged, a large additional investment isn't financially viable," Blume says, according to Handelsblatt.

--Volkswagen has various location options for a potential new factory, including land that it has in South Carolina, while other states have also expressed interest, Blume says in the interview. "We'll make a decision once the parameters are clear," Blume says.

Full story: https://tinyurl.com/4d78cwns

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

January 26, 2026 02:47 ET (07:47 GMT)

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