At the Auto Shanghai Exhibition, global car makers voiced their opposition to recent steep tariffs imposed by the U.S. Stefan Mecha, CEO of Volkswagen China Passenger Cars Brand, shared his insights on the impact of tariffs and the future of free trade in an exclusive interview.
“Tariffs are not the answer to achieving free trade,” Mecha stated. He emphasized that open markets and international cooperation are crucial for the automotive industry’s growth and innovation.
Mecha highlighted that protectionist measures could hinder progress and increase costs for consumers. “We believe in bridging markets, not dividing them,” he said.
Volkswagen, as one of the world’s leading automotive brands, relies on a global supply chain and international partnerships. Mecha pointed out that tariffs could disrupt these relationships and negatively affect the industry as a whole.
Other global car manufacturers at Auto Shanghai echoed similar sentiments, urging for dialogue and collaboration instead of trade barriers.
The automotive industry has long been a symbol of globalization, with vehicles designed, manufactured, and sold across borders. Industry leaders warn that escalating trade tensions could stall advancements and limit choices for consumers worldwide.
Mecha concluded by expressing optimism for the future, hoping that nations will work together to promote fair and free trade practices. “Our goal is to provide the best products to our customers, and that is only possible through open and collaborative international trade,” he affirmed.
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Volkswagen Brand China: Tariffs are not the answer to free trade
cgtn.com