German automakers fear losing competitive edge after U.S. exits climate pact

Volkswagen e-Golfs at a solar-powered charging station outside the VW factory in Dresden, Germany, in April. (BLOOMBERG)

ET

By:

Edward Taylor

June 02, 2017 05:00 AM

FRANKFURT -- Germany's powerful auto industry said Europe would need to reassess its environmental standards to remain competitive after the United States said it would withdraw from the Paris climate pact.

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