We Don't Need U.S. Govt Protection From Chinese Automakers, Says Stellantis Boss
Stellantis CEO Carlos Tavares says he doesn't care about U.S. import tariffs because he still has to fight the Chinese in other countries.
Tariffs placed on EVs coming to the U.S. from China are designed to prevent a flood of cheap imports swamping the car market and to protect jobs in the domestic auto industry. But now the boss of Stellantis says he's not bothered whether the Biden administration makes moves to protect Western carmakers against their Far Eastern rivals.
Though the current system of tariffs works as intended to keep Chinese imports out, concern is brewing that the country's automakers will soon find a way into the U.S. market, most likely by establishing production sites in Mexico to take advantage of the free trade agreement between Mexico, Canada, and the United States.
That threat, plus worries over data security from 'smart cars' has led some in the auto industry to demand new tariffs to block cars with Chinese connections, regardless of where they were built. But Stellantis CEO Carlos Tavares thinks there's no point in trying to put off the inevitable.
"I'm not asking for any kind of protection, because we are a global company, so I will not be protected everywhere," Tavares told reporters this week, including those from Automotive News.
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MonkeyGee : I guess this is just really stupid. so instead of selling the car to American at 30k. The government wants to raise the price and get 10k on every car from Americans, and that is for our good? am I missing something here?
Siausin : Instead of competing fairly the Politicians in US and western worlds will do anything to try to destroy China’s growth and innovations.
bullrider_21OP Siausin: They are so afraid of being overtaken.