Volkswagen in 'fair' talks with Washington on tariffs, CEO tells newspaper
FILE PHOTO: Drone view shows Volkswagen Group cars bound for cargo ship export to the United States at the seaport of Emden near the estuary, where the River Ems flows into the North Sea, in Emden, Germany, April 2, 2025. REUTERS/Erol Dogrudogan/File Phot
BERLIN (Reuters) -Volkswagen is holding "fair" and "constructive" talks with the United States government on tariffs and wants to make further investments in the country, CEO Oliver Blume told the SZ newspaper in an interview published on Friday.
"So far, we have had absolutely fair, constructive discussions," Blume said, the newspaper reported.
"We already employ over 20,000 people directly and over 55,000 people indirectly, building cars, school buses and lorries. We have invested in a partnership with the U.S. company Rivian. We would build on this with further, massive investments," he said, according to SZ.
(Writing by Friederike Heine; Editing by Christian Schmollinger)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Dell shares gain after strong AI server demand boosts annual forecast
- Exclusive-Lynas Rare Earths says it was in takeover talks earlier this year
- Congo's Ebola outbreak kills more than 3,000, government figures show
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share