VW's Traton sees no significant impact from U.S. tariffs

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March 10, 2025 6:58 AM EDT

FILE PHOTO: The logo of Volkswagen's truck unit Traton, former Volkswagen Truck & Bus AG, is pictured in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File Photo

(Reuters) - Traton does not see a significant impact from U.S. tariffs on imports from Mexico in the short term, Volkswagen's truck unit said during a post-earnings call on Monday.

This comes even as 65% of the 70,000 trucks supplied by the German group to the U.S. last year were assembled at its Mexico plant.

Last week, U.S. President Donald Trump postponed 25% tariffs on Mexico and Canada for automakers by one month on vehicles that comply with the 2020 U.S.-Mexico-Canada Agreement's rules of origin.

(Reporting by Andrey Sychev, editing by Thomas Seythal)


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