Advertisement

VW boss ‘optimistic’ of US recovery under Donald Trump presidency

With Donald Trump poised to become US president, VW bosses are confident that their US recovery plans will stay on track

Herbert Diess and John McIlroy

Volkswagen boss Herbert Diess says he remains “optimistic” about the firm’s prospects for recovery in a United States market shaken up by the surprise presidential election victory for Donald Trump.

VW employs several thousand staff at facilities in the United States - although its fortunes in that country’s car market have suffered badly in the 14 months since the Dieselgate scandal. It also has manufacturing plants in Mexico - a country whose labour costs were attacked by Trump during the often-bitter election campaign against Hillary Clinton. Bringing manufacturing jobs outsourced to countries like Mexico and China back to the US was a common theme of Trump’s pre-election rhetoric.

Advertisement - Article continues below

Latest on the VW emissions scandal

Speaking at the launch of the facelifted Golf in VW’s Wolfsburg headquarters, the brand’s boss Herbert Diess said he had been “surprised” at the result but that he remains positive. “I had another prediction, so it was not the result I was expecting when I went to bed,” he said. “It was a bit of a surprise to wake up and see what has happened. 

VW ID concept revealed

“The first comments from Mr Trump have two potential interpretations, but the majority of people seem to be saying that his plans might boost the American economy. That would be favourable for us, because we are restarting in the United States. So I see it optimistically.”

VW recently launched a large SUV called the Atlas that has been designed and costed specifically for American customers. It will build the new vehicle alongside other US-specific models at its plant in Chattanooga.

What do you think Trump will do for the US car industry once he takes up office in the White House? Let us know in the comments...

Advertisement
Advertisement

Recommended

Entire Volkswagen line-up updated for 2021
News

Entire Volkswagen line-up updated for 2021

Volkswagen has revised its complete range of vehicles for 2021, adding new engines, fresh tech and its latest MIB3 infotainment system
11 Aug 2020
Volkswagen e-Beetle, e-Golf Classic and e-Safari trademark applications hint at electric classic car conversations
Electric cars

Volkswagen e-Beetle, e-Golf Classic and e-Safari trademark applications hint at electric classic car conversations

Trademark applications suggest mode classic EV conversions will follow the converted Volkswagen Samba Bus and Electric Beetle Cabrio revealed last yea…
4 Aug 2020
Volkwagen introduces United trim editions for its Polo, T-Cross and T-Roc models
News

Volkwagen introduces United trim editions for its Polo, T-Cross and T-Roc models

United models add more kit to trio of compact Volkswagens, but at a reduced price over the trim levels on which they’re based
24 Jul 2020
VW to pay customer £25,000 following new Dieselgate ruling
Volkswagen

VW to pay customer £25,000 following new Dieselgate ruling

Volkswagen has lost a landmark court case in Germany and must now pay significant compensation
26 May 2020

Most Popular

Entire Volkswagen line-up updated for 2021
News

Entire Volkswagen line-up updated for 2021

Volkswagen has revised its complete range of vehicles for 2021, adding new engines, fresh tech and its latest MIB3 infotainment system
11 Aug 2020
Best new car deals 2020
Best cars & vans

Best new car deals 2020

Secure your dream model from our list of the best new car deals on the market right now
6 Aug 2020
New Maserati Ghibli Trofeo arrives to take on BMW M5
Maserati Ghibli

New Maserati Ghibli Trofeo arrives to take on BMW M5

The new Maserati Ghibli Trofeo packs a 572bhp V8 engine – and it’s looking to give the BMW M5 a bloody nose
10 Aug 2020