EconomyVolkswagen chief backs EU plan to strengthen European industry

Volkswagen chief Oliver Blume supports the EU’s proposed “Made in Europe” rules, saying they should reward genuine value creation in Europe and let European automakers compete with Chinese rivals on comparable terms. He cited high energy costs, weaker demand and intense Chinese competition among the pressures facing the sector.

VolkswagenEuropean UnionMade in Europeautomotive industry

TThe Guardian★★★☆☆2026-10-11 16:53Original