STLA Jun 2024 17.000 call
- Reuters
Stellantis CEO: electric vehicle tariffs are a trap
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.
- Reuters
Stellantis CEO: electric vehicle tariffs are a trap
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.
- The Telegraph
Fiat to remove Italian flag from cars built in Poland after row with Meloni
The owner of Fiat is removing the Italian flag from the bumpers of cars produced in Poland after clashes with Giorgia Meloni’s government over “made in Italy” branding.
