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Volkswagen welcomes 'planning security' of EU-US tariff deal

ReutersJul 28, 2025 10:41 AM

- German auto giant Volkswagen VOWG.DE welcomes the European Union's trade deal with the United States and is awaiting further details on the agreement soon, the company said on Monday.

"We welcome the agreement between the EU and the U.S. in the tariff dispute and the planning security that comes with it for the European automotive industry," the company said in a statement to Reuters.

"We expect the details of the agreement to be finalised and communicated in the near future. As soon as we have the exact contents of the agreement, we will examine and evaluate them carefully."

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