Chat Club Up-to-Date with Herbert Diess

"Europe must Emancipate Itself" – Herbert Diess on the Future of Europe, Economy, and Industrial Policy

A clear appeal from Herbert Diess in our conversation about the geopolitical and economic challenges of the coming years. A central topic: What does Donald Trump's re-election mean for Europe and the economy?

According to Diess, Trump's second term marks a true turning point, and businesses must prepare for new conditions. Diess recalls a meeting with U.S. President Trump during his first term and emphasizes that negotiations with him are possible—provided one is well-prepared. Nevertheless, the situation remains challenging.

For Europe, he sees one primary task: gaining more confidence in dealing with the U.S. "Europe has a lot to bring to the negotiations, but it must speak with one voice," says Diess.

Beyond the German federal elections and his call for the future government to address uncomfortable truths, our conversation of course also touches on the automotive industry. While it is under pressure, it is not on the brink of collapse, as is often claimed, says Diess. But it is not just German manufacturers—Toyota, Tesla, Stellantis—they are all facing challenges. However, the German automotive industry needs clear framework conditions, a long-term strategy, and a realistic industrial policy.

Other topics of our stimulating conversation included energy and climate policy—issues that directly affect Herbert Diess as an entrepreneur—as well as investments in Africa.

Herbert Diess: A Thought Leader in Business, Innovation, and Mobility

Herbert Diess understands the challenges of global markets like few others. As CEO of Volkswagen and a board member at BMW, he has led and guided major companies through transformation processes. Today, he is Chairman of the Supervisory Board at Infineon and Chairman of the Board at The Mobility House. As a keynote speaker and panelist, he shares his expertise with decision-makers worldwide—on mobility, innovation, technology, and economic policy.

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