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Finance

Germany's auto association calls for "economic strength" in face of Trump

Published by Global Banking and Finance Review

Posted on January 21, 2025

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BERLIN (Reuters) - Germany's auto association president said Donald Trump presented a challenge to Germany and Europe to become more independent and competitive on everything from energy to defence, as she also called for a political shift in the German government.

"We need a change to our mentality and a change to politics," Hildegard Mueller said at the association's annual press conference. "After Trump's inauguration, it is clear how decisive economic strength will be in future."

(Reporting by Victoria Waldersee, Editing by Rachel More)