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German Car Manufacturers Incurred Costs of Half a Billion Euros in ...

Summary by regionalmedianews.com
BERLIN (Reuters) -German car manufacturers are likely to have incurred costs of around half a billion euros in April due to import tariffs imposed by U.S. President Donald Trump, the head of the VDA auto industry lobby group said an interview published on Friday. “We have roughly estimated that German manufacturers probably incurred additional costs of around half a billion euros in their export business from Germany to the USA in April,” Hildeg…

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Berliner MorgenpostBerliner Morgenpost
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Hildegard Müller on tough customs negotiations with the Americans and failings of Berlin and Brussels in the field of electromobility.

·Berlin, Germany
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Manufacturers are reviewing their plans, they must adapt to changes

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With a view to reaching an agreement in the customs dispute, Müller was confident. "I am sure that there will be a deal with the USA." She pointed out, among other things, the importance of the German car industry for the US economy: "Our automakers and suppliers employ about 140,000 people in the US, produced over 84,000 cars there alone in 2024, about half of them exported.

·Bolzano, Italy
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Berliner Morgenpost broke the news in Berlin, Germany on Thursday, June 19, 2025.
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