Trump has not yet executed the range of tariffs he had indicated, he maintains that they remain a possibility,
COLUMN. BMW has joined its rivals in challenging the EU's antidumping taxes on Chinese carmakers. The Volkswagen/Audi group, is ready to cede lines or factories, while Renault continues to forge closer ties with Geely by forging a strategic alliance in Latin America,
BYD, Geely, SAIC and BMW are challenging the EU’s decision to apply up to 35.3 percent tariffs on cars entering the region
The EU imposed extra tariffs of up to 35% on Chinese-manufactured EVs in October after an anti-subsidy investigation found Chinese state support was unfairly undercutting European automakers.
Carmakers are taking legal action against European Union special tariffs on electric cars from China. In addition to Tesla and BMW, Mercedes-Benz is now also taking action against the tariffs before The European Court of Justice,
Elon Musk’s Tesla and Bayerische Motoren Werke AG (BMW) have sued the European Union’s (EU) executive, adding to a flurry of cases by Chinese carmakers attacking tariffs peaking at 45% on imports of electric vehicles (EVs) into the bloc.
The lawsuit filed last week by BYD, Geely, and SAIC in the EU courts could last up to a year and a half. Tariffs on electric cars manufactured in China continue to gather opponents. If less than a week ago the three major Chinese manufacturers Geely,
EU promises 'action plan' to help the bloc's beleaguered auto sector, as it holds talks with industry leaders who have sounded the alarm over emissions fines and Chinese competition
Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce
Tesla has said it expects volume growth of 20% to 30% in 2025 and investors believe a cheaper model based on current platforms set to be launched in the first half of the year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.