BERLIN (Reuters) – Volkswagen’s luxury division Audi is in talks with a potential investor for its struggling Brussels plant, a company spokesperson said on Tuesday. A working group on alternative uses for the plant is also ongoing, said the spokesperson, who added that it has not yet come to a conclusion. According to company sources, […]
BERLIN (Reuters) – Volkswagen’s luxury division Audi is in talks with a potential investor for its struggling Brussels plant, a company spokesperson said on Tuesday.
A working group on alternative uses for the plant is also ongoing, said the spokesperson, who added that it has not yet come to a conclusion.
According to company sources, the potential investor is a commercial vehicle manufacturer.
Volkswagen, which could close three plants in Germany as part of a cost-cutting drive, said in July it was considering closing its Brussels site, which employs about 3,000 people, due to low demand for its higher-end electric cars.
The factory currently makes Audi’s electric luxury SUV Q8 e-tron, but production of the vehicle will cease next February.
(Reporting by Christina Amann, Writing by Miranda Murray, Editing by Rachel More)
