Stellantis and Renault back UK to get EU car industry protection
Summary
Stellantis and Renault support including the UK car industry in new EU rules designed to protect European carmakers. They suggest treating the UK like an EU country for these rules and advise the UK to consider limits on imports of Chinese cars.Key Facts
- Stellantis and Renault want the UK included in the EU’s “Made in Europe” car rules, despite Brexit.
- The EU plans rules to ensure car subsidies and public buying mainly help European-made cars.
- The EU will limit Chinese hybrid car imports to 350,000 per year starting in December.
- Chinese carmakers are expanding in Europe, increasing their market share, especially in electric vehicles (EVs).
- The UK’s car industry and government want to be part of the EU’s new Industrial Accelerator Act (IAA).
- Stellantis has a car factory in the UK that makes small vans.
- Renault’s CEO said the UK must also restrict Chinese car imports if it wants to join the European car rules.
- The UK government has not yet put tariffs on Chinese car imports, despite industry pressure.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
