Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat
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Porsche and Volkswagen are preparing for potential U.S. tariffs, with Porsche's CEO emphasizing the importance of their industrial cooperation. Volkswagen, unlike Porsche, has a major assembly plant in the U.S., which may influence its position in the trade discussions.
March 12, 2025 | 1:00 pm
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Volkswagen is facing potential U.S. tariffs, but its major assembly plant in the U.S. may mitigate some impacts. The cooperation with Porsche is seen as a strategic advantage.
Volkswagen's U.S. assembly plant may reduce the impact of tariffs compared to Porsche, which lacks such a facility. The cooperation with Porsche is highlighted as a strategic move to navigate potential trade challenges.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80