CERNOBBIO, Italy, Sept 6 (Reuters) - Italy is looking to Mexico and Vietnam because it seeks alternative export markets for its production of automotive components, in anticipation of weaker call for from Germany amid the Volkswagen (VOWG_p.DE) crisis, an Italian minister said.
"We are aware of the situation Germany is dealing with within the automotive enterprise," Foreign Minister Antonio Tajani on Friday told newshounds on the sidelines of the TEHA commercial enterprise discussion board, adding Italian car component exports may be impacted.
"That's why we're studying to peer which will be the markets where we should fortify Italy's presence," he stated, bringing up Mexico and Vietnam.
On Monday, Volkswagen - Europe's pinnacle vehicle maker by means of sales and lengthy a symbol of Germany's industrial might - said it would upfront stop a task safety programme in vicinity when you consider that 1994 and set the level for plant closures in Germany.
Germany is the biggest market for Italy's car additives enterprise, with exports worth five.2 billion euros ($5.8 billion)closing yr, consistent with Italian car lobby group ANFIA.
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