Demand for Audi’s Q8 e-tron, launched in 2018, had dropped sharply and the carmaker was considering ending its production altogether, with one source close to the company saying this could happen in 2025. Volkswagen on Tuesday warned it may close the Brussels site of its luxury brand Audi due to a sharp drop in demand for high-end electric cars that has hit Europe’s top carmaker, forcing it to cut its margin target for the current year.
Vw’s Audi Factory In Brussels May Close Due To Low Demand For Evs
Reuters, Fast Company
Wed, 07/10/2024 - 3:45pm
BING NEWS:
- European electric car crisis: Audi's Brussels factory faces uncertain future
Audi's plant in Belgium's capital assembles a €80,000 electric SUV, which is too expensive for Europeans. After 2025, production will likely relocate to Mexico, and workers and unions are not happy.
10/3/2024 - 7:53 pm | View Link - Volkswagen's Audi says no suitable buyer so far for Brussels plant
Volkswagen's luxury division Audi has so far not found a potential suitor for its plant in Brussels that was put under review in July, saying none of the 26 potential buyers it held talks with was ...
10/1/2024 - 1:48 am | View Link - VW and China Partner SAIC Set to Close Plant as Sales Shrink
Volkswagen AG and its oldest Chinese partner plan to shutter one plant in China and possibly more in response to slowing demand for combustion ... is preparing to close a factory in Nanjing ...
09/17/2024 - 1:00 pm | View Link - Europe's EV troubles bubble up at Brussels Audi factory
Outside an Audi factory in Brussels described by the German carmaker as the "cradle" of its electric drive, around 200 picketing workers huddled around a bonfire in the morning drizzle.
09/15/2024 - 7:04 pm | View Link - Audi workers in Brussels strike against jobs massacre across the VW group
As reported by VRT, the site in the southwest of Brussels is to be abandoned in the foreseeable future “due to a lack of demand for the ... in front of the Audi factory gates.
09/7/2024 - 1:00 pm | View Link - More
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