AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Stellantis CEO considers increase in tariffs for Chinese vehicles as a “big trap”

Virgilio Machado by Virgilio Machado
May 23, 2024
in Latest News
Reading Time: 2 mins read
0
CEO da Stellantis considera aumento das tarifas para veículos chineses como “grande armadilha”

The Stellantis CEO Carlos Tavares believes that increasing the customs tariffs on electric vehicles from Chinese brands destined for Europe and the US will not prevent Western car manufacturers from restructuring their businesses to offer more competitive prices.

Considering the tariff increase a “major trap”, Carlos Tavares stated to “Reuters” that he expects a major battle with Chinese rivals in the European electric vehicle market, which will have significant consequences for employment and production.

According to the Stellantis CEO, the new tariffs will fuel inflation in the regions where they are imposed. Furthermore, the “battle” with Chinese competition will not be easy as Chinese brands have a cost advantage of 30% over Western rivals.

“This will not be easy for dealers. It will not be easy for suppliers. It will not be easy for anyone. As we know in Europe, everyone talks about change, as long as the change is for others”.

According to Carlos Tavares, Chinese brands are on track to sell 1.5 million vehicles in Europe, thus securing a 10% market share locally.

“If we let this participation of Chinese brands grow… then it is obvious that we will create an excess of capacity, unless we fight against this competition.”, added Carlos Tavares.

It should be noted that Stellantis announced last week that it will start selling in Europe the models of its joint-venture, Leapmotor, starting in September.

Tags: Carlos Tavarescarros elétricosCEOEUAEuropaLeapmotorMarcas ChinesasReutersStellantisTarifas aduaneirasTaxasveículos elétricos
Share212Tweet133Send

Related Posts

Conheça os erros mais comuns no cuidado e uso dos pneus do seu automóvel
Latest News

“Discover the most common mistakes in the care and use of your car’s tires.”

With summer holidays around the corner, many are already preparing road trips to vacation destinations. Before planning the trip, take...

by Virgilio Machado
June 21, 2025
Verde Scandal: icónica cor da Lamborghini
Latest News

“Verde Scandal: the iconic color of Lamborghini”

The Lamborghini customization department is known for its ability to fulfill the most extravagant requests, among which is Verde Scandel,...

by Virgilio Machado
June 21, 2025
Tesla Model 3 a partir de €37.175
Latest News

Tesla tests autonomous driving in the city of Berlin.

Tesla has announced that it is testing its "Full Self-Driving" autonomous driving technology in Europe, and after testing in Amsterdam,...

by Virgilio Machado
June 20, 2025
Novo Mazda CX-5 “apanhado” sem camuflagem
Latest News

New Mazda CX-5 “caught” without camouflage.

Mazda continues to work on the renewal of the CX-5, a model that, about nine years after the launch of...

by Virgilio Machado
June 20, 2025

Recent News

Chase Briscoe Outduels Hamlin at Pocono for Breakthrough Win with Joe Gibbs Racing

Chase Briscoe Outduels Hamlin at Pocono for Breakthrough Win with Joe Gibbs Racing

June 23, 2025
Chase Briscoe Wins Fuel-Drama Thriller at Pocono for First Victory in No. 19 Car

Chase Briscoe Wins Fuel-Drama Thriller at Pocono for First Victory in No. 19 Car

June 23, 2025
Bubba Wallace Battles Eerie Curse at Pocono, 23XI Team on the Brink

Bubba Wallace Battles Eerie Curse at Pocono, 23XI Team on the Brink

June 23, 2025
Joey Logano’s Fierce Racing Rivalry Mirrors Carl Edwards’ Intensity – A Clash of Titans

Joey Logano’s Fierce Racing Rivalry Mirrors Carl Edwards’ Intensity – A Clash of Titans

June 23, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks