The US is one of the German automotive industry's key markets, so Donald Trump's protectionist plans are unnerving the sector. What does the President of the German Association of the Automotive Industry, Matthias Wissmann, have to say about them?
US President Donald Trump has threatened a tax on EU cars, escalating the trade conflict triggered by his plans to impose tariffs on steel and aluminum. Other countries "have taken advantage of us for years," he tweeted.
Global car sales are likely to increase throughout 2017, a German auto industry lobby group predicts. It argues the Chinese market will again play a major role in this development.
Car sales in Europe's power house have increased again in recent months, the German Association of the Automotive Industry has reported. And despite VW's pollution scandal, diesel cars are in high demand.
President-elect Donald Trump's warning German BMW could be in for hefty import tariffs has triggered an immediate response from the carmaker and the economics minister. Both decided not to over-react.
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