Chinese carmakers challenge EU tariff plans

Chinese carmakers challenge EU import duties, Trump’s potential tariffs, and automotive suppliers announced thousands of job cuts in 2024. Phil Curry, Autovista24 special content editor, reviews this week’s major automotive stories. There was more tariff tension for the automotive market this week. Chinese carmakers challenged the EU’s import duties on battery-electric vehicles (BEVs). At the same time, the possibility of subsidies for BEVs on an EU-wide scale has been mooted. Across the Atlantic, the Trump administration could impose US import tariffs, potentially increasing costs for carmakers. Meanwhile, European industry association CLEPA, released details on the impact of rising costs for automotive suppliers, including job losses. Subscribe to the Autovista24 podcast and listen to previous episodes on Spotify, Apple and Amazon Music. Show notes Autovista24 companion article ⁠ ⁠⁠Autovista Group’s 2025 residual value outlook

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The Automotive Update from Autovista24 takes you through the major automotive news from the past week.