German auto association chief sees new tariffs, protectionism as "wrong way to go"

STORY: German auto association chief sees new tariffs, protectionism as "wrong way to go" SHOOTING TIME: May 14, 2024 DATELINE: May 16, 2024 LENGTH: 00:01:27 LOCATION: Berlin CATEGORY: ECONOMY SHOTLIST: 1. various of NEVs production in China 2. SOUNDBITE (German): HILDEGARD MUELLER, President of the German Association of the Automotive Industry (VDA) STORYLINE: The recent so-called narrative of overcapacity on Chinese NEVs is "questionable," said Hildegard Mueller, president of the German Association of the Automotive Industry (VDA), during an interview with Xinhua on Tuesday. SOUNDBITE (German): HILDEGARD MUELLER, President of the German Association of the Automotive Industry (VDA) "I find this word questionable. In China, around 16 percent of the cars produced are exported. The German auto industry has higher export figures. We export three out of four cars produced and therefore experience international, global competition. Fair competition is always important. What is important is that the markets a