Audi Invests $19.2 Million to Restart Production in Brazil

Audi Invests $19.2 Million to Restart Production in Brazil
Covered Audi cars are seen during the Sao Paulo International Motor Show in Sao Paulo, on Nov. 8, 2016. Paulo Whitaker/Reuters
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SAO PAULO—Audi, a Volkswagen Group brand, announced on Wednesday an investment of 100 million reais ($19.22 million) to restart production at its plant in Parana state in Brazil, according to plans disclosed late last year.

Initially, the plant will have a maximum production capacity of 4,000 vehicles per year, the company said in a statement.