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germany's three largest car makers to the white house the meeting with the chief executives of volkswagen b.m.w. and di miller could take place as soon as next week president donald trump has repeatedly threatened to increase tariffs on car imports and he's criticized germany's huge trade plus with the u.s. volkswagen produces cars in tennessee mercedes in alabama and b. w. has an s.u.v. factory in south carolina. let's turn to our financial correspondent in new york to help us understand this better younes quarter standing by as i just said trump has threatened these carmakers with higher tariffs in the past what are we supposed to make of this imitation well on one side washington might try to convince the german car industry to all still manufactor more components in the united states and then washington also probably will try to put some pressure on the most important industry of the biggest economy in europe being germany to also get straight talk so with the european union going washington has repeatedly said that those talks in negotiations are moving far too slowly and was putting press
germany's three largest car makers to the white house the meeting with the chief executives of volkswagen b.m.w. and di miller could take place as soon as next week president donald trump has repeatedly threatened to increase tariffs on car imports and he's criticized germany's huge trade plus with the u.s. volkswagen produces cars in tennessee mercedes in alabama and b. w. has an s.u.v. factory in south carolina. let's turn to our financial correspondent in new york to help us understand this...
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three thousand figure is expected to cover hardware retrofits which volkswagen and di miller say they're willing to perform rival b.m.w. says it won't do retrofits but it will offer up to three thousand euros on trade in incentives the news comes a week after v.w. owners fought a class action lawsuit seeking full value for their diesels now here to offer us more insight on this news is simon young a political correspondent for g.w. here in berlin simon what he tell us so far about this deal what do we know what stephen as you say of the three big call make is it seems that folks vagana and diamond have said they are willing to cover most of the estimated three thousand euro costs that it would be to retrofit these older days of vehicle diesel vehicles we would cleaner emissions equipment b.m.w. less cane they say that they will provide money for. the customers to upgrade their vehicles but some people have criticized that as a sort of. plan to drive b.m.w. sales but all three companies are saying that they are going to do whatever it takes to keep germans on the roads and these three thousand year old number does seem
three thousand figure is expected to cover hardware retrofits which volkswagen and di miller say they're willing to perform rival b.m.w. says it won't do retrofits but it will offer up to three thousand euros on trade in incentives the news comes a week after v.w. owners fought a class action lawsuit seeking full value for their diesels now here to offer us more insight on this news is simon young a political correspondent for g.w. here in berlin simon what he tell us so far about this deal...
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three thousand figure is expected to cover hardware retrofits which volkswagen and dunn lawyers say they're willing to perform rival b.m.w. says it won't do retrofits but will offer up to three thousand euros on trade in senses now here to offer us more insight on this news is simon young a political correspondent for u w here in berlin simon what can you tell us so far about this deal what do we know. well stephen as you say of the three big car makers it seems that volkswagen and di miller have said they are willing to cover most of the estimated three thousand euro costs that it would be to retrofit these older diesel vehicle diesel vehicles with with cleaner emissions equipment b.m.w. is less keen they say that they will provide money for. you cost them as to upgrade their vehicles but some people have criticized that as a sort of code plan to drive b.m.w. sales but all three companies are saying that they are going to do whatever it takes to keep germans on the roads and there's three thousand euro number does seem to be an increase on what was previously being offered by the car makers so in that sense this deal to
three thousand figure is expected to cover hardware retrofits which volkswagen and dunn lawyers say they're willing to perform rival b.m.w. says it won't do retrofits but will offer up to three thousand euros on trade in senses now here to offer us more insight on this news is simon young a political correspondent for u w here in berlin simon what can you tell us so far about this deal what do we know. well stephen as you say of the three big car makers it seems that volkswagen and di miller...