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.
BMW’s Chinese-made BEVs now incur EU import tariffs of close to 21%, while for BYD’ Auto the tariff rate is set at 17%; Geely 19%; and SAIC Motor 35%. Olof Gill, spokesperson for the European Commission (EC), confirmed earlier this week that the EU is prepared to respond to the case in court.
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.
China has become the sixth largest country of origin for new vehicles registered in Europe, according to the latest data from JATO Dynamics.
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
Donald Trump is threatening to impose or raise tariffs on cars being imported into the US. How is the world reacting?
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
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,