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Plus, Fed and big earnings week ahead.
Volkswagen Group and NXP announced agreement on a strategic partnership; NXP's S32K5 MCUs serve as a building block for the Group's future SDV architecture
CEO Gernot Döllner says the Georgia plant isn't just a response to tariffs.
Audi plans to invest about $4 billion in its first U.S. manufacturing plant in Georgia, with production expected to start in the early 2030s. Audi executives said the project aims to expand the brand in the U.S. while reducing its exposure to import tariffs and other trade risks.
VW investment, creating 4,500 jobs in Georgia, comes amid Trump's damaging tariffs, intense Chinese competition and costly shift towards EVs
US President Donald Trump is expected to announce on Saturday that Volkswagen's premium subsidiary Audi plans to build an assembly plant in Georgia that will produce 200,000 SUVs annually, a government official told Reuters.
Volkswagen workers threaten strikes unless carmaker reverses labour deal cancellations
Volkswagen de Mexico and union reach early deal, avert strike
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