VW CEO Sees Threat of Retaliatory Tariffs From China, Bild Says
Volkswagen AG Chief Executive Officer Oliver Blume hopes for an alternative solution to tariffs on Chinese electric vehicles as he braces for potential retaliation from Beijing, Bild am Sonntag reported.
VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU
The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in Europe. "Instead of punitive tariffs this should be about mutually giving credit for investments.
VW CEO Blume says China's EV makers should be allowed to avert higher tariffs by investing in EU
VW Group CEO Oliver Blume said Chinese automakers should get allowances for investments in Europe instead of punitive tariffs on their electric cars imported into the bloc.
China is center of global auto future, says VW CEO
Oliver Blume, CEO of Volkswagen Group, said China has emerged as the epicenter of the automotive industry's future. He made the remarks on Friday at the 2024 World New Energy Vehicle Congress held in Haikou, Hainan province. Volkswagen is celebrating its 40th anniversary in China, its largest market around the world.
Volkswagen CEO warns of retaliatory tariffs from China: Bild
Volkswagen Chief Executive Oliver Blume would like an alternative to imposing tariffs of electric vehicles from China as he prepares for possible retaliation from Beijing, newspaper Bild am Sonntag reported.
Business News LIVE Updates Today October 6, 2024: VW CEO says retaliatory tariffs by China can hurt European automakers
The EU's proposed duties on EVs built in China of up to 45% are set to be imposed from next month for five years, risking retaliatory tariffs from China Read more news like this on HindustanTimes.com
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Oliver Blume Facing Pressure to Step Down from Dual CEO Roles
Blume is currently the CEO of both Porsche and Volkswagen, but Volkswagen investors feel that he can’t focus on both.
VW boss Blume under pressure to give up top job at Porsche
Calls mount for Volkswagen chief to focus on restructuring as management tries to close German factories and cut jobs ...
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Volkswagen Calls for Investment-Based Approach to China EV Tariffs
VW CEO calls for investment-based approach to China EV tariffs, warning of retaliation risks. EU approved higher tariffs on ...
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Volkswagen CEO Oliver Blume will spar with one of Germany’s fiercest worker groups over his €10 billion cost-cutting plan to save the carmaker
Volkswagen CEO Oliver Blume and labor leaders agreed on a €10 billion cost-cutting drive last year to bolster the company’s earnings. That’s resulted in hiring freezes and temporary worker ...
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VW workers threaten strikes to fight plant closures, job losses in Germany
The talks center on VW's plan to potentially shutter factories in Germany for the first time after scrapping decades-old job ...
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OLIVER BLUME
This move pits CEO Oliver Blume against powerful labour unions, who vow to resist any closures. Investors are watching closely as the company navigates these challenges. The Porsche-Piech family ...
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VW boss says European market shrinking amid tougher competition
Speaking in an interview in Sunday paper Bild am Sonntag, Volkswagen CEO Oliver Blume said "the pie has become smaller, and we have more guests at the table". "Fewer cars are being sold in Europe.