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LONDON DAILY ARCHIVE

Audi Brussels Plant to Close in Early 2025 Amid Volkswagen's Financial Crisis

Closure part of Volkswagen's deepening challenges, company seeks buyer

30 October 2024 · 17:49 UTC

Audi's manufacturing plant in Brussels is set to close its doors in early 2025, highlighting the financial struggles faced by its parent company, Volkswagen (VW).

The automaker is actively engaged in discussions with a potential buyer for the facility.

The decision to close the plant is a significant marker of VW's ongoing crisis as it attempts to navigate financial and operational challenges within the automotive industry.