Volkswagen's CEO Oliver Blume indicated in a recent interview that the company is exploring the possibility of relocating some Audi production to the United States in response to President Trump's tariffs on automobiles. This move aims to protect the company's profitability, which has been negatively impacted by the tariffs. While discussing the company's strategic intentions, Blume emphasized the importance of remaining a reliable partner for the US market, despite ruling out US production for Porsche due to its lower sales volume. Volkswagen sold over one million vehicles in North America last year, representing a significant portion of its sales.
Volkswagen is in 'constructive discussions' with the US administration regarding tariffs, aiming to continue as an investor and reliable partner in the United States.
Oliver Blume stated that production for Audi in the United States aligns with their development strategy, yet he dismissed American manufacturing for Porsche due to low volume.
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