Volkswagen Floats Making Audis In Us To Swerve Trump Tariffs

Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs on automobiles ordered by President Donald Trump, the German carmaker's CEO said in an interview released Friday.

Europe's largest auto manufacturer, which is especially vulnerable to the increase in US tariffs, was in 'constructive discussions' with the US administration on the issue, Oliver Blume told the Frankfurter Allgemeine Zeitung newspaper.

Volkswagen, which earlier in April said Trump's slew of planned tariffs had dragged down its first-quarter operating profit, wanted to do 'as much as possible to remain an investor and reliable partner for the United States', Blume added.