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Europe and France take action to protect the car industry

2023-09-22T17:39:50.421Z

Highlights: Europe and France take action to protect the car industry. At the Paris Motor Show in October 2022, the policies had their backs to the wall. BYD, Great Wall Motors, DongFeng and Geely came to exhibit their high-end electric vehicles at attractive prices. Whether you look at China or North America, you have protections in place to only favor vehicles manufactured in those territories. European naivety with regard to the Chinese market is a problem, says the head of Stellantis.


STORY - At the end of an investigation by the European Commission, the Union could decide to review upwards the customs duties currently set at 10% for vehicles imported from China.


In two weeks, the French and European executives went into commando mode to protect the automotive industry of the Old Continent in a more or less disguised way. At the Paris Motor Show in October 2022, the policies had their backs to the wall. Carlos Tavares, the boss of Stellantis, had loudly regretted that the event "rolls out the red carpet in front of Chinese manufacturers, who will come with attractive offers but opposed to the dynamics of reindustrialization of Europe". BYD, Great Wall Motors, DongFeng and Geely came to exhibit their high-end electric vehicles at attractive prices.

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There must be reciprocity between what we suffer in Europe and what is imposed on us outside Europe, insisted the boss of the group. Whether you look at China or North America, you have protections in place to only favor vehicles manufactured in those territories." European naivety with regard to

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Source: lefigaro

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