Volkswagen CEO warns of retaliatory tariffs from China: Bild

seekingalpha10-06

Volkswagen Chief Executive Oliver Blume would like an alternative to imposing tariffs of electric vehicles from China as he prepares for possible retaliation from Beijing, newspaper Bild am Sonntag ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2473164483?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1187895801/image_1187895801.jpg","is_english":true,"pubTime":"2024-10-06 22:51","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2473164483","market":"sh","top_or_hot":-1,"title":"Volkswagen CEO warns of retaliatory tariffs from China: Bild","media":"seekingalpha","content":"<div>\n<p>Volkswagen Chief Executive Oliver Blume would like an alternative to imposing tariffs of electric vehicles from China as he prepares for possible retaliation from Beijing, newspaper Bild am Sonntag ...</p>\n\n<a href=\"https://seekingalpha.com/news/4156606-volkswagen-ceo-warns-of-retaliatory-tariffs-from-china-bild\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Volkswagen CEO warns of retaliatory tariffs from China: Bild</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolkswagen CEO warns of retaliatory tariffs from China: Bild\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-06 22:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4156606-volkswagen-ceo-warns-of-retaliatory-tariffs-from-china-bild><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volkswagen Chief Executive Oliver Blume would like an alternative to imposing tariffs of electric vehicles from China as he prepares for possible retaliation from Beijing, newspaper Bild am Sonntag ...</p>\n\n<a href=\"https://seekingalpha.com/news/4156606-volkswagen-ceo-warns-of-retaliatory-tariffs-from-china-bild\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4099","symbol_name":"汽车制造商","start_time":0,"source_url":"https://seekingalpha.com/news/4156606-volkswagen-ceo-warns-of-retaliatory-tariffs-from-china-bild","article_id":"2473164483","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1187895801/image_1187895801.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2473164483","pubTimestamp":1728226270,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Volkswagen Chief Executive Oliver Blume would like an alternative to imposing tariffs of electric vehicles from China as he prepares for possible retaliation from Beijing, newspaper Bild am Sonntag reported. “Possible punitive tariffs would be particularly risky for the German automotive industry,” he said in an interview. “We would face significant disadvantages in the Chinese market. And that is why we are clearly opposed to such new rules.” Companies that invest in Europe and create jobs should be eligible for benefits, such as exemptions from tariffs, Blume said. The European Union on Friday voted for tariffs as high as 45% on Chinese EVs. If China decides to retaliate, Volkswagen cars made in China could suffer alongside German exports including Audi, Porsche   or Lamborghini, he said. Volkswagen recently lowered its guidance for yearly results a second time, and said it may close factories in Germany for the first time to reduce expenses.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4099":"汽车制造商","VLKAF":"Volkswagen AG","POAHY":"Porsche Automobile Holding SE","VLKPF":"Volkswagen AG","POAHF":"Porsche Automobile Holding SE"},"translate_title":"大众汽车首席执行官警告中国征收报复性关税：图片报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POAHF":0.9,"POAHY":0.9,"VLKAF":0.9,"VLKPF":0.9},"content_text":"Volkswagen Chief Executive Oliver Blume would like an alternative to imposing tariffs of electric vehicles from China as he prepares for possible retaliation from Beijing, newspaper Bild am Sonntag reported. “Possible punitive tariffs would be particularly risky for the German automotive industry,” he said in an interview. “We would face significant disadvantages in the Chinese market. And that is why we are clearly opposed to such new rules.” Companies that invest in Europe and create jobs should be eligible for benefits, such as exemptions from tariffs, Blume said. The European Union on Friday voted for tariffs as high as 45% on Chinese EVs. If China decides to retaliate, Volkswagen cars made in China could suffer alongside German exports including Audi, Porsche (OTCPK:POAHY) (OTCPK:POAHF) or Lamborghini, he said. Volkswagen recently lowered its guidance for yearly results a second time, and said it may close factories in Germany for the first time to reduce expenses.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.0","shortVersion":"4.29.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2473164483"}