Volkswagen CEO: Clarity is needed on trade measures - InfoNews

Current Conditions

Mostly Cloudy

Volkswagen CEO: Clarity is needed on trade measures

Roland Schulz makes the final check of an e-Golf electric car in the so-called light tunnel in the German car manufacturer Volkswagen's Transparent Factory in Dresden, Germany, Monday, March 5, 2018. (AP Photo/Jens Meyer)
March 05, 2018 - 9:31 AM

GENEVA - The CEO of German automaker Volkswagen says businesses like his need clarity about new trade measures announced by the Trump administration before they can decide what to do.

CEO Matthias Mueller said it's up to elected officials on both sides to talk "so that we have clarity, so that companies like Volkswagen can make the corresponding decisions."

Mueller said if the U.S. has decided to change its earlier commitment to globalization then "we should sit at the table with the Americans, look at the situation, and try to understand why the past strategy was wrong, and what a future common strategy could be."

Mueller spoke Monday at a Volkswagen event ahead of the Geneva International Motor Show.

News from © The Associated Press, 2018
The Associated Press

  • Popular penticton News
  • Comments
View Site in: Desktop | Mobile