Mechanical engineering exports to the USA"Made in Germany" not damaged

According to the VDMA, German mechanical engineering companies are optimistic: despite the VW emissions scandal, they expect more business with the USA, the partner country of the 2016 Hannover Messe, in 2016. However, the VDMA warns against too much euphoria.

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Dr. Reinhold Festge of Haver & Boecker is the new VDMA President
© Haver & Boecker

... short-termism, according to VDMA President Dr. Reinhold Festge. Rather: it is "generally characterized by decades of loyalty. This 'commitment' is definitely honored on the market," explained Festge on the occasion of the publication of the survey, in which around 200 German mechanical engineering companies took part. This close relationship with American customers is also clearly demonstrated by ...

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