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EU carmakers prioritize promotion of stable trade ties with US, China

By Oscar Pandiello ( January 17, 2025, 12:06 GMT | Insight) -- EU carmakers will prioritize defending the bloc's trade ties with China and the US in the coming months, emphasizing negotiation to prevent trade conflicts. Mercedes-Benz CEO Ola Källenius, who is the new president of trade association ACEA, highlighted concerns over Chinese EV tariffs, and urged a “grand bargain” with the US in his first public speech as the EU automotive sector's top voice. The European automotive industry is setting its sights on promoting stable trade ties with China and the US as a key priority for the bloc’s new political circle....

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