Tag

Automotive Industry

Trade war: Xi Jinping makes first public statement.

On Monday, the US and China agreed on a 90-day tariff pause. Now, Xi Jinping has addressed the trade dispute publicly for the first time. Meanwhile, Donald Trump is willing to speak with Xi at the end of the week.

By Emily Kossak

Herbert Diess VW

Diess: 'Many Chinese manufacturers will disappear again.'

Herbert Diess does not consider the heavy dependence of Europe's renewables sector on China a problem. In an interview with Table.Briefings, he says that we should be grateful to China. However, the former VW boss has a problem with the European car industry's hesitation to embrace electromobility.

By Lukas Knigge

Customs data: New figures point to trade route diversion.

China exported more than expected in April despite the announced US tariffs. This could strengthen Beijing's negotiating position in the short term. However, the import data does not bode well for China's domestic consumption.

By Manuel Changming Liu

EU companies caught between the fronts: 'Turning point for global supply chains'

The global economy is experiencing growing uncertainty – and European companies in China are caught in the center. A flash survey by the EU Chamber of Commerce shows how much geopolitical tensions between the US and China have begun to affect European companies. The good news is that many companies believe they are well-prepared.

By Amelie Richter

Beatrix Keim: 'There will be no profitability in a price war.'

China's automotive scene remains volatile: The fierce price war in the automotive industry is not profitable for most companies and is also a thorn in the side of the government. Industry expert Beatrix Keim warns of a loss of confidence and sees an inevitable wave of consolidation on the horizon.

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