18 Days
Source:
الاقتصادية
Berlin urges EU protection for auto sector
The article reveals that Germany is calling on the European Union to take stronger measures to protect the local automotive industry from unfair competition practiced by China, particularly in the electric and hybrid vehicle markets. Germany is urging the imposition of tariffs on Chinese cars, including hybrid vehicles, to help support European companies overwhelmed by fierce Chinese competition. The German automotive industry, which is taking steps to reduce the damage caused by this competition, is facing increasing pressure amid Volkswagen’s plan to cut 100,000 jobs and union protests demanding more action to safeguard the sector. Calls for stricter European tariffs on Chinese products have grown, while Germany is working to boost local components and hybrid vehicles, aiming to support the automotive industry in the face of unfair Chinese competition.
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