European Automakers Need Time, Not Tariffs, to Fend off China Competition usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles and expects significant social consequences as a result, the group s Chief Executive Carlos.
Stellantis CEO: Electric Vehicle Tariffs Are a Trap usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles and expects significant social consequences as a result, the group's Chief Executive Carlos Tavares said on Wednesday. Tavares said tar.
MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles, warning of significant consequences for jobs and production as a result, the group's Chief Executive Carlos Tavares said on Wednesday. The EU is expected to decide next month on whether to follow the U.S. in imposing additional tariffs on Chinese carmakers. Tavares said tariffs on Chinese vehicles imported to Europe and the United States are "a major trap for the countries that go on that path" and will not allow Western automakers to avoid restructuring to meet the challenge from lower cost Chinese manufacturers.