Automakers

VW's Diess says U.S. tariffs could cost automaker up to $2.8 billion

ET
By:
Edward Taylor
|
R
By:
Reuters
February 21, 2019 09:24 AM

FRANKFURT -- The biggest threat to Volkswagen Group's 2019 profit is potential tariffs from the United States that could cost the automaker up to 2.5 billion euros ($2.8 billion), CEO Herbert Diess told the Financial Times.

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