German suppliers strongly represented

Bernhard Mattes, President of the German Association of the Automotive Industry (VDA), welcomed the international press to the German joint stand at Auto Shanghai. The joint stand comprises 17 German medium-sized suppliers, including KIRCHHOFF Automotive.

The great competence and strong innovative strength of the German manufacturers – together with the German supplier companies – characterise this trade fair, said Mattes in his speech. More than ever, companies are focusing on electro mobility and digitization. China is a very important partner for the German automotive industry – in development, production, sales and cooperation. German manufacturers have almost quadrupled the number of their production facilities in China since the beginning of the decade – from eight to around 30.

“China continues to open up to the global economy. We support this process. In doing so, we rely on mutual market access for goods and investments, close cooperation in the WTO and successful negotiations with the European Union for a bilateral investment agreement,” said Mattes in a plea against trade disputes. The trade dispute between China and the USA also has a negative impact on the German automotive industry. As a result, only 95,000 new cars from German manufacturers have been exported from the USA to China in 2018 (-36 percent). “We are therefore relying on constructive solutions in all trade disputes. And we welcome the fact that the tariff increases are currently suspended, as both the USA and China view the ongoing talks positively, and we hope – in the interests of German companies and the global economy as a whole – that the differences can be cleared up as quickly and comprehensively as possible”.