Top German car officials finalising White House meeting next week
December 01 2018 02:09 AM
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Volkswagen vehicles are parked in a storage lot at San Bernardino International Airport (SBD), California, US (file). VW’s new top executive in the Americas told reporters on Wednesday that the company was deciding where to locate a new factory in North America to build electric cars for the US market.

Reuters/Berlin

Top executives from German car makers Volkswagen, BMW and Daimler are finalising plans for a White House meeting on trade policy next week, German and US officials said on Thursday.
Officials from the car makers, asking not to be named, said the meeting was tentatively set for Tuesday, and would include VW chief executive Herbert Diess, Daimler CEO Dieter Zetsche and BMW production chief Oliver Zipse.
President Donald Trump has been harshly critical of German auto makers and what he sees as an unfair trade imbalance on autos.
He has threatened for months to impose tariffs on vehicles assembled in the EU, a move that could upend the industry’s business model for selling cars in the United States.
However, he has refrained from such a measure while Washington and Brussels undertake talks to cut other trade barriers.
The CEOs plan to make clear they cannot negotiate on behalf of the EU, people close to the matter said last week.
VW’s new top executive in the Americas told reporters on Wednesday that the company was deciding where to locate a new factory in North America to build electric cars for the US market.
Earlier on Thursday, Trump tweeted that “auto companies are pouring into the US, including BMW, which just announced a major new plant. The USA is booming.”
Other sources familiar with the matter said Richard Grenell, the US ambassador to Germany, had set up the meeting, but the exact date was still being negotiated.
Top car bosses were also slated to appear at an automotive summit in the northern German city of Wolfsburg, where VW is based, on Tuesday.
Christina Higgins, spokeswoman for the US embassy in Berlin, said the December 4 date was suggested by the German automakers but had not been finalised. “It’s merely a suggestion at this point,” she said. The Handelsblatt newspaper, which first reported the meeting would take place on Tuesday, said Grenell told carmakers that US Trade Representative Robert Lighthizer and Commerce Secretary Wilbur Ross would attend the meeting. It was not immediately clear if Grenell would take part.
The United States currently imposes import tariffs on cars assembled in the EU of 2.5%, compared with 10% tariffs for US-built cars entering the European trading bloc.






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