Volkswagen CEO Discusses Major US Investments Amid Tariff Negotiations

Reported 1 day ago

Volkswagen CEO Oliver Blume stated that the company is having 'fair' discussions with the US government regarding tariffs and is planning significant future investments in the US. He emphasized the importance of these investments in leveraging tariff negotiations, as Volkswagen currently employs over 20,000 people directly in the US and recently made a $5.8 billion investment in Rivian. Blume hopes for a broad agreement between Brussels and Washington to address tariffs.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis