Germany urges EU action against China to defend carmakers
Klingbeil said Germany will push Brussels for tougher measures on plug-in hybrids as Volkswagen and other automakers face rising Chinese competition.
- On Thursday, Finance Minister Lars Klingbeil urged the European Union to implement tariffs on Chinese-made hybrid vehicles, citing "unfair trade practices" threatening Germany's carmakers.
- Growing Chinese competition has forced Volkswagen to plan up to 100,000 job cuts in coming years, representing around 15 percent of its global workforce amid weak demand.
- Speaking in Wolfsburg, Daniela Cavallo, a Volkswagen supervisory board member and staff representative, demanded tariffs on Chinese imports, stating the company faces "enormously tough, difficult and unfair competition."
- Klingbeil said Berlin will push Brussels for "concrete measures" on plug-in hybrid tariffs and local content requirements to align European rules with conditions German firms face in China.
- The Metall union has organized nationwide protests for next Monday, where workers will demand Berlin take stronger action to protect jobs across major car manufacturers and suppliers.
13 Articles
13 Articles
Reformatorisch Dagblad
The German government wants the European Commission to take more action to protect the European automotive sector against competition from China. Finance Minister Lars Klingbeil said this during a visit to Volkswagen's headquarters in Wolfsburg. The states of Lower Saxony, Bavaria, and Baden-Württemberg, where many car factories are located, also want more action.
Faced with the crisis at Volkswagen, Federal Finance Minister Klingbeil (SPD) calls for tougher dealings with states that threaten the local industry through "unfair trade practices." "We must not be naive in dealing with China," he said.
Aftenposten
DocumentGermany's finance minister urged the EU on Thursday to step up efforts against what he called China's "unfair trade practices" to protect the country's crisis-stricken car manufacturers.
Germany's finance minister called on the European Union to step up action against China's "unfair trade practices" to protect the country's struggling carmakers during a visit to Volkswagen headquarters on Thursday.
Germany urges EU action against China to defend carmakers
The car industry in Europe's biggest economy faces growing competition from Chinese carmakers, particularly for sales of electric vehicles, with 10-brand VW planning to cut up to 100,000 jobs in coming years and Mercedes-Benz and BMW also downsizing. Speaking in Wolfsburg, home to Volkswagen's largest factory and headquarters, Finance Minister Lars Klingbeil said Germany would urge Brussels, which oversees EU trade policy, to take stronger actio…
EU Tariffs on Hybrids: A Call to Shield German Auto Industry
Germany’s Vice Chancellor Lars Klingbeil is pushing for stricter trade regulations within the European Union, specifically advocating for tariffs on imported plug-in hybrid vehicles. This move aims to safeguard German car manufacturers, including Volkswagen, from increasing competition posed by Chinese automotive companies. In a statement in Wolfsburg, Klingbeil emphasized Germany’s need to counteract unfair trade [...]
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