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Today: April 11, 2025
Today: April 11, 2025

VW's Traton sees no significant impact from U.S. tariffs

The logo of Volkswagen's truck unit Traton, former Volkswagen Truck & Bus AG, is pictured in Hanover
March 10, 2025
Reuters - Reuters

(Reuters) - Traton does not see a significant impact from U.S. tariffs on imports from Mexico in the short term, Volkswagen's truck unit said during a post-earnings call on Monday.

This comes even as 65% of the 70,000 trucks supplied by the German group to the U.S. last year were assembled at its Mexico plant.

Last week, U.S. President Donald Trump postponed 25% tariffs on Mexico and Canada for automakers by one month on vehicles that comply with the 2020 U.S.-Mexico-Canada Agreement's rules of origin.

(Reporting by Andrey Sychev, editing by Thomas Seythal)

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