VW CEO urges Franco-German cooperation to counter Chinese auto competition
Volkswagen CEO Oliver Blume publicly called for closer France-Germany cooperation to bolster European competitiveness against Chinese automakers, framing the response as urgent but not yet too late. The statement signals growing industry pressure for coordinated EU industrial policy, though concrete measures remain unspecified.
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VW CEO Urges Franco-German Cooperation Against Chinese Auto Competition
Volkswagen CEO Oliver Blume has publicly urged France and Germany to enhance cooperation to counter growing competitive pressure from Chinese automakers, specifically regarding EVs. This appeal, made ahead of the Paris Motor Show, confirms increasing European industry concern over Chinese market share and signals potential coordinated EU industrial policy responses. The specific nature and outcome of such cooperation remain uncertain.