Volkswagen CEO: 2020 Will Be a Difficult Year for Auto Industry

Jan.24 — Herbert Diess, chief executive officer at Volkswagen AG, discusses his talk with President Trump over proposed auto tariffs on European automobiles, his outlook for the industry in 2020 and competition with Tesla. He speaks with Bloomberg’s Francine Lacqua and Haslinda Amin at the World Economic Forum’s annual meeting in Davos, Switzerland on “Bloomberg Markets: European Open.”


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Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.

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Switzerland is a mountainous Central European country, home to numerous lakes, villages and the high peaks of the Alps. Its cities contain medieval quarters, with landmarks like capital Bern’s Zytglogge clock tower and Lucerne’s wooden chapel bridge. The country is also known for its ski resorts and hiking trails. Banking and finance are key industries, and Swiss watches and chocolate are world renowned.

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