JAKARTA – Volkswagen AG news plans to close the Audi electric car factory in Belgium as a cost-saving measure is getting stronger. This will be an important decision for Europe’s biggest automaker.
According to Bloomberg, July 15, Volkswagen has never previously closed a car factory in the European region. However, factories in Brussels that have high operational costs have the potential to be the first due to low demand for electric SUVs produced there. Volkswagen mentions additional cost charges, including from restructuring, as a reason to lower its financial targets this year.
The sluggish sales of electric cars have forced…
