News

VW boss Blume hopes for an agreement in the electric car canteen with China

from Constantin Hoffmann to Oct 07, 2024

VW-Chef Blume hofft auf Einigung im E-Auto-Zollstreit mit China

The electric car dispute between the EU and China is heading. Volkswagen boss Oliver Blume expressed concern about the possible effects and hopes for a diplomatic solution. With a view to the impending additional tariffs, he emphasizes the importance of a clear position of the German federal government.

"One -sided tariffs could trigger counter reactions"

In an interview with the Image on Sunday Warned flower of the risks of one -sided tariffs. "This risk is definitely available if these one -sided tariffs should be implemented," he said. Such a measure could lead to China's counter reactions that German car manufacturers like Volkswagen would hit hard.

Effects on the Chinese market

Additional tariffs of up to 30 percent For German cars in China, Volkswagen would be a serious problem. "We have clear disadvantages on the Chinese market. And that's why we clearly speak against such new rules," said Blume. China is one of the most important markets for Volkswagen and restrictions could have significant economic consequences.

Appeal to politics: fair trade instead of trade war

The German Federal Government calls on flower with a clear position against the tariffs in the EU. "My hope is that Brussels still agreed with the Chinese side and achieved a fair solution for both sides," he emphasized. Instead of tariffs, it should be about taking into account investments for both sides positively.

Cooperation instead of confrontation

The Volkswagen boss suggests that companies that invest, create jobs and cooperate with local companies should receive advantages in the tariffs. "We would then expect the same in the regions in which we produce and invest," he added.

Time pressure until the end of October

Time is urging: The implementation of the tariffs should be decided by the end of October. Blume hopes for an agreement to avoid negative consequences for the automotive industry on both sides. An escalation of the customs dispute could not only affect Volkswagen, but also the entire industry.

Conclusion: diplomacy is required

The electric car dispute between the EU and China is a serious challenge. Volkswagen relies on dialogue and cooperation to create fair trade conditions. The coming weeks will be crucial to prevent escalation and protect the interests of the automotive industry.

Keywords: Volkswagen, E-car tariff, China, Oliver Blume, Volkswagen Zoll dispute