Volkswagen working to ‘quantify the impact’ of Trump tariffs on U.S. sales
On Thursday, Volxswagen studied the impact of new US tariffs on foreign cars, after the German car-giant reported that higher planning charges increased planning prices.
To the question whether the reports on AFP reported the AFP spokesman said that the basket evaluates his options.
“We have the best interests of our dealers and customers in heart, and when we gain the impact on business, we will share our strategy with our dealers,” he said.
Quoting Volkswagen Memo with dealers in the United States, commercial publication reported that the manufacturer plans to add “import fee” to Country ships.
Volkswagen also noted that it ceases cargo transportation in Mexico to the United States, reports the automotive news.
US President Donald Trump gave German carmakers on Wednesday after he slapped 25% tariffs for importing the country.
Like Volkswagen, such instruments are already fighting the weight of electric vehicles, as well as a fierce competition of Chinese.
The 10-brand group, which also contains a group of 10 brands, also contains a place and Skoda, in December, it will cut 35,000 jobs by 2035.
Last year, the company sold more than a million cars in North America, which represented 12 percent of its sales according to the volume.
About 65% of cars selling under the brand of its names are delivered to the United States. The same figure has risen 100 percent for Audi and Porsche Brands.
On Tuesday, the head of the German car lobby, VDA, called on the EU to respond to new US tariffs and negotiate.
This story was originally shown Fortune.com
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