- Volkswagen Group’s CEO wants the EU to impose higher tariffs on Chinese plug-in hybrids.
- The demand comes after the Volkswagen Tiguan PHEV went from best-seller to outsider in the European sales charts.
- “We have no time to lose,” said CEO Oliver Blume during the company’s first-half earnings call.
Volkswagen is demanding that the European Union impose higher import tariffs for Chinese plug-in hybrids, and it wants it done sooner rather than later.