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

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
Volkswagen Golf, Polo, Passat set to die in all-electric markets
Volkswagen

Volkswagen Golf, Polo, Passat set to die in all-electric markets

Famous VW nameplates make way for ID models only in markets that only sell electric cars
14 May 2020
VW emissions scandal: VW installed ‘defeat devices’ in thousands of cars, High Court finds
VW Emissions scandal update 2
Volkswagen

VW emissions scandal: VW installed ‘defeat devices’ in thousands of cars, High Court finds

The UK’s High Court has ruled that VW installed devices to cheat emissions tests in thousands of its cars
6 Apr 2020
Mountune52 releases Volkswagen Golf GTI boost
Volkswagen

Mountune52 releases Volkswagen Golf GTI boost

VAG division of Mountune announces Stage 2+ performance boost for Mk7 and Mk7.5 Volkswagen Golf GTI
31 Mar 2020

Most Popular

New 2020 BMW 4 Series arrives with bold new look and a huge grille
BMW 4 Series

New 2020 BMW 4 Series arrives with bold new look and a huge grille

Imposing grille leads the way as the new BMW 4 Series takes a new design direction away from its 3 Series sibling
2 Jun 2020
New 2021 Mercedes SL to be developed by AMG with 2+2 layout
Mercedes SL

New 2021 Mercedes SL to be developed by AMG with 2+2 layout

The new Mercedes SL roadster will return with a fabric roof and will share tech with the AMG GT sports car. Our exclusive images preview how it could …
29 May 2020
New Tesla Model Y 2020 review
Tesla Model Y

New Tesla Model Y 2020 review

The new Tesla Model Y has the potential to be the EV brand’s most successful model yet
3 Jun 2020