News

Chinese carmaker Chery Auto is ready to spend billions of euros to ensure its Omoda and Jaecoo brands are embraced by European customers within three years, the head of the two brands for the Italian market told Reuters. …

The works council said this was preceded by what it called an "unprecedented attack" on labor agreements earlier in September 2024. …

The automotive supply chain has been adopting digital technologies to improve visibility, particularly in the finished vehicle logistics (FVL) sector, helping to speed up deliveries and keep costs at a minimum. …

Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 20% in August, driven by record high sales in China, and despite a 33% drop in Europe to its weakest month since January 2023, market research firm Rho Motion sa …

The Commission declined to give details of the latest offers, but said it had thoroughly reviewed them to see if they met World Trade Organization and EU anti-subsidy rules. …

Offer of price floors or volume caps would not offset the injury caused by Chinese subsidies, European Commission says. …

Lynk & CO will launch its first China-made EV in Europe next month (October 2024). …

Spanish Prime Minister Pedro Sanchez said his government will try to find a compromise between China and the European Commission over punitive tariffs being applied to Chinese electric car imports. …

Talks are ongoing between Geely and Poland over a joint electric vehicle plant in the country, but officials have said they do not view Geely as an ideal partner. …

China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles. …