Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat

Porsche CEO Oliver Blume stated that the company could utilize its partnership with Volkswagen to navigate potential tariffs from the U.S. government, as the lack of U.S. manufacturing operations leaves Porsche vulnerable. Blume emphasized the importance of a fair agreement between Europe and the U.S., highlighting Volkswagen Group’s significant investments in the U.S. including an assembly plant in Tennessee and overall commitment to the market. He expressed hope for a fair resolution while underscoring the interconnectedness and investments made by both Porsche and Volkswagen Group in the U.S. market.

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