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Volkswagen plans $4bn Audi factory in Georgia

· 1:24 · Audi’s planned Georgia factory · With Omar

Audi plans to invest four billion dollars in its first factory in the United States, in Macon, Georgia.

Transcript

Vocabulary in this episode
columnist

I’m Omar, the station’s economy and work columnist, with a clear-English look at a business decision and what it could mean for jobs and production.

A columnist is a writer who regularly writes about a particular subject for a newspaper, website, or station.

invest

Audi plans to invest four billion dollars in its first factory in the United States, in Macon, Georgia.

Here, to invest means to put money into a project or business in the hope of getting a benefit.

move from

Audi says some production will move from Bratislava, Slovakia, to the new site.

Here, “move from” means to transfer some manufacturing work from one place to another.

parent company

The announcement comes as Volkswagen, Audi’s parent company, faces steep US tariffs on goods imported from the European Union.

A parent company owns or controls another company.

tariff

The Guardian reports that Audi faces a 15 percent tariff on those imports.

Here, a tariff is a tax on goods brought into the country from elsewhere.

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