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Volkswagen CEO: China is open for discussion on tariffs
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Volkswagen CEO: China is open for discussion on tariffs
Aug 1, 2024 2:25 AM

BERLIN, Aug 1 (Reuters) - Volkswagen's chief executive

said China and Europe should build tariff systems that reward

those who invest in domestic car production, adding that the

Chinese ministers he recently met in Beijing were open for

discussion and aiming for a fair solution.

"When they invest in Europe and work together with European

countries, that's positive and should be taken into account...

when we invest in China, we want to benefit from the same deal,"

Oliver Blume said, speaking after the carmaker released second

quarter results.

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