tv Business - News Deutsche Welle April 13, 2018 3:15pm-3:31pm CEST
3:15 pm
you're watching the devaney is coming up ahead a huge shake out at the folks logon a new c.e.o. and a whole new corporate structure as the automaker looks to finally put diesel gate behind it more of that coming out. that is event president was standing by for this is to use the do say we do debbie news that's it for me on that that she and more coming up shortly. frank food and watch international gateway to the best connection so off the road and radio. located in the heart of europe you are connected to the whole world. experience outstanding shopping and dining offers and try our services. biala
3:16 pm
gassed at frankfurt. managed by for. make your smart t.v. even smarter with the d w for smart t.v. . what you want when you want it up to date extraordinary. to decide what's on find no more. dot com smart to be. a striking reversal u.s. president donald trump by trade officials to weigh up rejoining the trans-pacific partnership not without concessions of course but will his ex partners wanted back . and the new man in the driver's seat of bald spot and balance to perform a scandal ridden or a giant that says it's not
3:17 pm
a revolution or good life to our reporters a v.w. headquarters in both spoke and at the frankfurt stock exchange. and it was all in let's do business. a pattern starting to a much trump scraps a major deal causes chaos and says he'll consider rejoining if the times a better it's happened with nafta now the t p p he called the pacific rim trade agreement on an americans american jobs killer and pulled out of one of the coming president last year but u.s. senators have revealed the trump has assigned economic advisors to take another look at a possible re-entry and here's the catch he'll only rejoin if a substantially better deal is offered than his predecessor barack obama he also took a dig at japan in the tweet the japanese find has been is that the two are so humbly welcoming a re-entry if trump recognizes the significance of the pattern. or trump's negotiating style as a real estate developer was to take extreme positions to force concessions from
3:18 pm
opponents that's had mixed results as president of the united states let's bring in and hang out singapore corresponded first of all under a the japanese were quick to welcome back trump but what about the ten other nations involved that they going to be willing to make even more concessions to get the u.s. on board well ben the common consensus at the table right now it's just too little too late australia new zealand malaysia and even japan as you mentioned and these are the u.s. is strongest allies the you know the i do's yes think about seeing trams new renewed interest into t p p but they would prefer not to rock the negotiation table at this point if they were able to come up with some sort of deal whatever the deal would look like what what would it mean for t p p with the us back on board. well
3:19 pm
right now according to the japanese official that is leading the charge of the t.p. it is akin to reshaping a glass sculpture meaning to say it would be too difficult to delicate too late maybe even near impossible renegotiate a renegotiation could take years particularly considering that the t p p members sealed the deal in chile just last month but the us rejoining could still hold appeal it will help muscle against china's. ambition to gain really regional control and influence in asia just briefly surely the us would have an interest in rejoining i mean the agreement is meant to establish freer trade in the pacific asia pacific and also put pressure on china to open its markets. that it would but several other countries are also suspicious of what being used as
3:20 pm
leverage against china this us china trade war some also reluctant of a negotiation to remain renegotiate with a rather fickle president of the united states he who constantly changes his mind so it could boil down to a list of pros and cons and seeing which side of that list is heavy drain thank you very much for the analysis this is unlikely to ease trade tensions china's trade surplus with the u.s. widened last month in figures just out and this will further infuriate don't trump chinese trade isn't farmers a shrugging off the risk of u.s. soybean tariffs china is the largest bya isn't a stranger to the business. soybeans the latest casualty of proposed tariffs between china and the u.s. but chinese farmers at this shanghai trade exhibition remain unconcerned for them a chinese tax on u.s. soil and poets is the business opportunity they've been waiting for the cure for
3:21 pm
you know. people when i thought started out a hay long she and province had a large share of china's so even markets here then american soybeans came like the wolf american soybeans were a big assault on the chinese market like a water bottle of a whole lot so we're not only that i don't know you go to india. it's a stark contrast to the mood among farmers in the u.s. but china accounts for sixty percent of soy exports and the terrorists could cost them up to seventy percent of that chinese export in the can and large chunks of future business has been steady so we can sell more soybeans and do these other older more mature markets but it's not going to make up for the fact that we're being cut out of the fastest growing market in the world if the tariffs are next and it's likely china's consumers will still face some feasted food prices due to the use of american soil in cooking oil and animal feed but the nation is already
3:22 pm
looking for alternative soil sources in countries such as brazil canada and russia . reform but no revolution the message from head east the new boss. acknowledges that the german can make a faces along the road toward wingback consumer confidence after the emissions scandal at overhauling the huge corporation will be an even longer broach era some of his plans. the w.'s new c.e.o. hebat d.c. is wasting no time in his bid to make the famously unwieldy company lighter on its feet. to lister's in for expense in our name to make volkswagen a front runner of the auto industry when it comes to economic and innovative strength and sustainability. so one group blogged about the idea behind this is our conviction that a more efficient company should be steering strong brands have
3:23 pm
a decent joined volkswagen three years ago he's been a success as head of it's important to be w. brand so he's off to a good start among staff members their focus is highly focused and also has an eye on the future developments. but i'm an employee here at volkswagen. i've witnessed him at various events. and i can say that he's performed really well since he came here for taller. absolve years and this is only the beginning for hebat d.c. he's planning a major overhaul of the company which includes a stronger focus on the automakers business in china and then there's the question of efficiency how best to run such a huge company with so many different brands dissolution organizing them in groups which he hopes will inject some dynamism into the car maker the plan looks like this the company's mass market brands will form one group in it the core brands
3:24 pm
v.w. skoda c at then there's the premium segment featuring audi the super premium with the company's four luxury brands and truck and bus which says v.w. is being prepared to go public. and what about electric cars many observers say v.w. is coming too late to alternative drive trains but that too is something have a d.s. seems driven to change over to a reporter stephen beardsley involves both daniel cope in frankfurt stephen starting with you a big agenda there but no revolution as i pointed out so what does that mean a few tweaks but no real change. in one sense not the real revolution that some had expected especially during the diesel scandal right when there was talk of bringing in a true outsider is an outsider in the sense that he came from b.m.w. two and a half years ago but he's an insider in the sense that he's been in the auto industry
3:25 pm
for quite some time in another in another sense this is though quite a turnaround when you look at the scale of the restructuring and then also when you look at how much responsibility they're giving to d.c. is going to hold his control over the brand itself and then he's going to send some other duties on top of being the board of management chairmen and the reason for this is that urgency again for volkswagen to be lighter on its feet as the piece said that's very important for volkswagen right now they want to look to the future and be a little bit more efficient and much faster than you know to try to hold. of and i can tell you they're actually very optimistic that he is the right one for the job they call him a man of action and also from the share holders perspective they like the new structure with a different division that has been really pricey of osaka has been creating record sales numbers but would still rather inefficient sometimes very slow as a company and they feel now that with this new volkswagen cost will be cut higher
3:26 pm
profit margins generated one investor even sand that he couldn't imagine anybody better for this job so lots of premature praise at this moment now he needs to deliver i'm glad you used the word premature because we don't know yet how far he's going to get that share price is certainly mirroring that enthusiasm. yeah exactly when you take a look at the share price of v.w. today it has been opposite were point eight percent it will be a little bit more potential to go up when you look in general at this week the share price of walks martin went after in this trading week almost eight percent and also an end not and b announce that they still recommend childers to buy volkswagen shares and even change their price target from one hundred eighty five euros up to one hundred ninety five euros let's round this out with a word from you steve what what's the road ahead going to look like for fox five in
3:27 pm
the near term the road ahead is going to look like this forever it sees he's going to have the china for the beijing motor show but china of course being the largest market in the world for automobiles and a very very important one for folks like and like all brands in the longer term of course the big goals that by two thousand and twenty five three million electrified vehicles from volkswagen that's really the aim in the in the long term and in the middle term the question is going to be how diesel really works with folks' wagon and how someone who is such a man of vision and race and make substantial changes is going to get along with the board and such a large company that is like a big looming ship it's slow to move and respond to change ok that's. being automobile manufacturer let's see how that road ahead looks thank you very much for your analysis both of you there. and i stay in business if it. was
3:28 pm
3:29 pm
most passionate florist. your romance. with different languages we fight for different things that's fine but me all speak up for freedom freedom of speech and freedom of press. giving freedom of choice global news that matters d. w. made for mines. there is one way to survive where it's like hide your identity. we are scared we are very scared we have to state you know we are to fight for this fight against terror . bangladesh what is the true face of the country look like freedom independence a separation of state and church that used to be important but for decades
3:30 pm
political infighting here has hindered progress and islam must extremists are gaining more influence joe marcus again the rule of law far on shaky ground you've just got get no doubt whether it should be. anybody. or not. and what desha the dawn of islam is of an exclusive d.w. report starting april twenty first. i want to welcome to another edition of euro max from flower displays fit for a king to luxury chocolate treats we have lots of fun topics on the show today here's a look at what's coming up.
29 Views
Uploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=168363603)