
Image: CarExpert


Image: CarExpert
AutoExec Summary
Chinese carmakers are urging Beijing to increase tariffs on European combustion-powered vehicles in retaliation for the additional tariffs imposed on Chinese electric vehicles by Europe. The meeting, organised by China’s Ministry of Commerce, included representatives from various automotive companies. The aim was to pressure the European Commission and lobby against the recent tariffs. European trade policy has become more protective due to concerns about Chinese competition. The European Commission is investigating whether Chinese carmakers received government subsidies. Germany has warned against imposing illegal customs barriers.
Brands mentioned: MG, LDV, SAIC, BYD, BMW, Volkswagen, Porsche, Mercedes-Benz, Stellantis, Renault, BYD, Mercedes-AMG, China Merchants Bank International, Porsche.
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