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.
