Manonthestreet
Diamond Member
- May 20, 2014
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Alrdy at an energy cost disadvantage they acknowledge whole point of Paris is to drive it up higher. they could always move their factories here.......
German carmakers fear losing competitive edge after U.S. Paris exit
"The preservation of our competitive position is the precondition for successful climate protection. This correlation is often underestimated," Wissmann said, adding that the decision by the Unites States was disappointing.
The VDA said electricity and energy prices are already higher in Germany than in the United States, putting Germany at a disadvantage.
German carmakers fear losing competitive edge after U.S. Paris exit
"The preservation of our competitive position is the precondition for successful climate protection. This correlation is often underestimated," Wissmann said, adding that the decision by the Unites States was disappointing.
The VDA said electricity and energy prices are already higher in Germany than in the United States, putting Germany at a disadvantage.