German FAZ: Luxury car manufacturer in Noth009744

The representatives of the German auto industry have been shown their limits in Washington: Ola Källenius von Mercedes, BMW boss Oliver Zipse, Oliver Blume from the Volkswagen Group-everyone listed at Trump and his administration and relied on a special regulation for their industry. If Källenius now admits that you sometimes get to the point in negotiations, “where you can tell is now what I can achieve and no longer”, lets it look deep. One thing is clear: not a special bonus for investments, no special rule for cars exported from America. Mercedes and Porsche meets the new customs regime in a phase of weakness: in Europe, paragraphs are stagnating, in China both manufacturers have to deal with a ruinous displacement competition, in addition to that Beijing has also introduced a luxury tax on expensive vehicles, the Porsche at all and Mercedes at the vehicles of the vehicles Luxury class has to pay. How the companies deal with the US tariffs has to be shown. Mercedes is taciturn, Porsche explained that part of the tariffs should be collected over higher prices. It is clear that part of the margin is eaten by the taxes on Trump. More to organize the topic, production and administration in Germany as efficiently as possible, is all the more urgent against the background. Both companies have capped the capacities of their German works and launched savings packages. At Porsche, Blume now only wants to give up his role as a boss when the transformation is done. His plan to stabilize the manufacturer by the end of the year and then concentrate on the group management in Wolfsburg does not work. Maybe the job in Stuttgart requires a full -time chief and none that commutes between two central ones.
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