BriefLast 24 hours
Audi plans its first U.S. plant in Georgia, a $4 billion investment with 4,500 jobs, marking a major manufacturing expansion. In racing, the Australian MotoGP at Phillip Island was cancelled after rain, while Ferrari's Leclerc and Hamilton qualified fourth and fifth for the United States Grand Prix.
BriefLast 7 days
Cost cuts and expansion run in parallel: Volvo Cars reported a SEK -3.7 billion Q3 operating loss and about 2,500 job reductions, while Volkswagen AG and IG Metall agreed to open talks on job cuts. Audi will build its first U.S. plant in Georgia with $4 billion and 4,500 jobs.