Russia-Ukraine conflict: Volkswagen CEO warns of severe economic damage from prolonged war

War In Ukraine

Prolonged conflict will result in economic damages worse than the pandemic

In an interview to the Financial Times on 10 March 2022, Volkswagen’s chief executive officer Herbert Diess has warned that a prolonged conflict between Russia and Ukraine would result in a severe economic damage, worse than the coronavirus pandemic, especially for the European countries.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload