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Steve Valley
The Electric Viking
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Comments by "Steve Valley" (@stevevalley7835) on "2025 will be a NIGHTMARE for the Volkswagen group says new report" video.
Meanwhile, here in the US, VW management is squawking about the impending tariffs on Mexican cars. VW is particularly exposed as two thirds of the cars they sell in the US are built in Mexico. VW gas models are already expensive here, for what they are. Adding a 25% tariff will make them extremely uncompetitive. The thought has crossed my mind that VW may simply abandon the US, and pivot the two plants in Mexico to building for the EU, while further reducing production rates in the EU.
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@user-nh1yb9mk7y if they lose the US market, they are going to have another pile of excess production capacity. In their deal with the German union, they announced that the Mk 9 Golf, for the EU, will be built entirely in Mexico, from 2027, so Mexican production must be cheaper than in the EU.
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