In a statement, the German auto industry trade association's (VDA) president has described US President Donald Trump's decision to take the US out of the international Paris Accord on climate change as a disappointment that 'does not come as a surprise'.

Matthias Wissmann also said that "efficient climate protection remains an important strategic task."

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

He also drew attention for the need for additional competitive measures and cost-effectiveness in Europe "in order to survive international competition."

"Maintaining our international competitiveness is the prerequisite for successful climate protection," Wissmann said.

He also noted that the decision raises the possibility of a difference between US federal policy and that at the level of US States. "We fear an asymmetric climate protection policy of two speeds in the US – one at federal level, another at the level of several federal states. This makes planning and legal security more difficult for the automotive industry," he said.

The Paris Agreement or Accord is an international agreement within the United Nations Framework Convention on Climate Change (UNFCCC) dealing with greenhouse gas emissions mitigation, adaptation and finance starting in the year 2020. It sets out a framework for actions to mitigate climate change through increased global temperatures caused by human activity. Over 140 countries have signed the agreement. The US and China are the two biggest sources of greenhouse gas emissions.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now