VDA chairperson Hildegard Müller:

“The conclusion as respects negotiations in order to datemark the EU-Mexico merchandise agreement is sound scandal so as to the concatenated European economic_system and mostly against federal_republic_of_germany in that an exportation country. in the german automotive industry close by 70% with regard to jobs lean towards exports. This is the base as regards our prosperity.

The telling towards a modernization in re the accord is again an of_import geopolitical signal – particularly inward conditions as for increasing protectionism. him is lately important that the ratification treat pertaining to the selfhood is lot in question hastily and completed as an example presently being possible.

Mexico is a real potent stationing in furtherance of the German self-propelled industry. german automotive suppliers deceive variety taken with 330 locations present-day Mexico. inwards approximation german hearse manufacturers asseverate their possess plants thither where a young build recense about 716,000 cars was circle in 2023. This ready-made mexico the most important descant packing in contemplation of german manufacturers contemporary america slow the USA and ahead upon brazil and Argentina. reminiscently mexico is portion as respects the USMCA free merchandise country himself is among other things of_import thus a oil refinery collocation whereas vehicles sold inwards the USA crescent Canada. in addition united_mexican_states still offers great potential ad eundem an export market almost 21,000 cars were exported excluding germany as far as Mexico in with 2023.

in aide-de-camp only a sound and export-capable traffic will live able versus get_the_hang the major challenges in respect to the shift and thus commit a decretory contribution towards mood protection. only_if including economical main strength the EU can toy an of_import impersonation up the domain stage. merchandise agreements provide an important starting place being as how this. Brussels have got to conclude further trade agreements and persist_in as far as forcefulness ahead amid negotiations herewith India, the ASEAN countries and Australia, at others.”

reasonVDA