the ideal way for #China to circumvent European tariffs = to produce Chinese cars directly in the #EU :-))))
#Volkswagen is prepared to let Chinese electric carmakers take over production lines in its struggling factories as #Germany’s automotive industry is struck by a downturn.
Executives at the car-making titan signalled they would be open to tie-ups with Chinese rivals to use up some of the excess capacity in their factories as they scale back production.
Gernot #Döllner, chief executive of Volkswagen’s Audi brand, told the Financial Times that deals with electric car companies would “lower the entrance barrier of these competitors”, saying: “For sure, that is thinkable.”
David Powels, chief financial officer at Volkswagen’s eponymous #VW brand, told the newspaper: “We’re open for any discussion on any topic with any partner. In a dynamic world, you have to keep all options open.”
It comes after Volkswagen last month abandoned plans to close its #German
factories, bowing to pressure from unions to keep its sites open despite sliding sales.
https://www.telegraph.co.uk/business/2025/01/27/vw-prepared-to-hand-factories-to-chinese-electric-car-maker/
#europe economy #news
mistnipobocka /
npub122…c0r2j
2025-02-06 20:32:42
Author Public Key
npub122cgr5uyyfnxd0j70g58vm8af8t4qt2z0gctm0ykh2ey5dhkcqgsnc0r2jPublished at
2025-02-06 20:32:42Event JSON
{
"id": "0fb56c408d43ce8920e8582d517ad296f902b933eee7f4084f674c4768927552",
"pubkey": "52b081d384226666be5e7a28766cfd49d7502d427a30bdbc96bab24a36f6c011",
"created_at": 1738873962,
"kind": 1,
"tags": [
[
"t",
"china"
],
[
"t",
"eu"
],
[
"t",
"volkswagen"
],
[
"t",
"germany"
],
[
"t",
"dollner"
],
[
"t",
"vw"
],
[
"t",
"german"
],
[
"t",
"europe"
],
[
"t",
"news"
],
[
"proxy",
"https://f.cz/users/mistnipobocka/statuses/113958844037419069",
"activitypub"
]
],
"content": "the ideal way for #China to circumvent European tariffs = to produce Chinese cars directly in the #EU :-))))\n\n#Volkswagen is prepared to let Chinese electric carmakers take over production lines in its struggling factories as #Germany’s automotive industry is struck by a downturn. \n\nExecutives at the car-making titan signalled they would be open to tie-ups with Chinese rivals to use up some of the excess capacity in their factories as they scale back production. \n\nGernot #Döllner, chief executive of Volkswagen’s Audi brand, told the Financial Times that deals with electric car companies would “lower the entrance barrier of these competitors”, saying: “For sure, that is thinkable.”\n\nDavid Powels, chief financial officer at Volkswagen’s eponymous #VW brand, told the newspaper: “We’re open for any discussion on any topic with any partner. In a dynamic world, you have to keep all options open.”\n\nIt comes after Volkswagen last month abandoned plans to close its #German \n factories, bowing to pressure from unions to keep its sites open despite sliding sales. \n\nhttps://www.telegraph.co.uk/business/2025/01/27/vw-prepared-to-hand-factories-to-chinese-electric-car-maker/\n\n#europe economy #news",
"sig": "b8bfc77314b0d46402945725ed85e80818895fa11568db7b4e98d533d1024cc18252b0afc78da92e379ee3b4d7dc3184505e01f2c4b074d0e245908dc2949ae5"
}