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Audi to invest $4B in Georgia for first US auto plant

ATLANTA - German luxury automaker Audi AG will invest roughly $4 billion to build its first U.S. manufacturing plant in Peach County, creating an estimated 4,500 jobs in middle Georgia. Gov. Brian Kemp and Audi AG CEO Gernot Döllner announced the project on Saturday, marking a major expansion for the Ingolstadt, Germany-based automotive group. The facility will be located at the Middle Georgia Megasite, an industrial property marketed in partnership with Peach, Houston, and Macon-Bibb counties through the Mid-Georgia Gateway Joint Development Authority. The plant will focus on manufacturing SUVs tailored for North American drivers, with an expected annual production capacity of 200,000 vehicles. Site preparation and grading are scheduled to begin in 2027, with facility construction starting in 2028 and commercial production slated for 2031. The property is also located 90 minutes south…

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Denza is coming: BYD’s Luxury EV brand to enter India. Check when & how to buy

BYD’s luxury electric vehicle brand, Denza, will officially enter the Indian market on November 13, 2026. The brand is expected to begin its India journey with the D9 luxury MPV and Z9 GT performance shooting brake, although the company has not yet confirmed the full line-up, prices or booking details. BYD has confirmed that Denza will make its India debut on November 13, as per a Times Now report. The event is likely to reveal the brand’s India-specific product strategy, retail plans and initial model line-up. Denza was originally established as a joint venture between BYD and Mercedes-Benz before becoming fully owned by BYD in 2024. Its India entry will place the brand in the country’s fast-growing premium electric vehicle segment. The Denza D9 is expected to be the brand’s first India offering. It is a full-size luxury electric MPV aimed at buyers looking for chauffeur-driven…

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Ferrari Luce Costs $560,800 in the U.S., $55,657 Above Europe’s Pre-Tax Price

The Ferrari Luce starts at $560,800 in the U.S. before options and sales tax, which is $55,657 above its European price once Italy's 22% VAT is taken out. The Ferrari Luce starts at $560,800 in the United States before options, Ferrari has confirmed, and American deliveries begin in the second quarter of 2027. At the European Central Bank’s rate on May 25, the day Ferrari revealed the car in Rome, its €550,000 European price came to $640,365. That European figure includes Italy’s 22% value-added tax, and the American one leaves out state sales tax. With the VAT removed, the Luce costs €450,820 in Italy. I converted that to $505,143 at the ECB’s October 22 rate, which puts the U.S. sticker $55,657 higher, about 11%. Italy taxes a new car at 22%, so €99,180 of the €550,000 goes to the state. American window stickers are quoted before tax, which makes the pre-tax Italian figure the one to…

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