Reported about 9 hours ago
Volkswagen's CEO, Oliver Blume, urged the European Union to reconsider its planned tariffs on Chinese electric vehicles, suggesting that investments made in Europe should be credited instead of imposing punitive tariffs. He emphasized that businesses investing in local markets create jobs and deserve tariff benefits, as rising duties on Chinese EVs could lead to retaliatory measures from China, negatively impacting European automakers.
Source: YAHOO