Audi is closing its Brussels factory. This was confirmed by Audi Brussels CEO Thomas Bogus, after reaching an agreement with employees that includes bonus payments, training and relocation services, as well as special measures for employees over 60.

“I am very pleased that, despite difficult negotiations, we have managed to reach a fair solution for the employees,” said Audi Brussels CEO Thomas Bogus.

The bonus depends on the length of service and is added to the legally prescribed severance pay, which, in the end, could be twice what the employees are required to receive.

The plant will be shut down by February 28, which also means the end of production of the Audi Q8 e-tron model that has been rolling off the production lines of the factory in Brussels.

This news could be of importance to Volkswagen employees, because the German company has already announced the layoff of 35,000 employees by 2030. According to the Financial Times, Volkswagen is willing to let Chinese manufacturers use its excess capacity. “We are open to any discussion on any topic with any partner,” said Volkswagen board member David Powells.

Source: Financial Times