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Tesla, BMW sue EU
Tesla, BMW sue EU after China-made EVs hit by tariffs
The EU imposed anti-subsidy tariffs of 7.8% on Tesla on top of the 10% levy. BMW’s imports were hit with a 20.7% duty. The firm was hit because its electric Mini Cooper and the 100% electric Mini Aceman are made in China, according to car website Autogear.
Tesla and BMW sue EU as discontent over Chinese EV tariffs mounts
Both BMW and Tesla have been hit with tariffs by the EU on imports of electric vehicles made in China, along with other Chinese manufacturers such as BYD and SAIC. View on euronews
BMW Teams Up With Chinese EV Makers To Fight EU Tariffs In Court
BYD, Geely, SAIC and BMW are challenging the EU’s decision to apply up to 35.3 percent tariffs on cars entering the region
Hosted on MSN
5h
BMW CEO calls for equal EU tariff on US car imports
Trump has not yet executed the range of tariffs he had indicated, he maintains that they remain a possibility, ...
4h
German companies are risking a ‘lose-lose’ decoupling with China
German companies, particularly the carmakers, face huge market pressure in China. For years derided as producing cheap, clunky cars, Chinese manufacturers — admittedly heavily supported by the state — ...
DPA International on MSN
1d
Carmakers take action against EU tariffs on e-cars from China
Carmakers are taking legal action against European Union special tariffs on electric cars from China. In addition to Tesla ...
1d
Tesla, BMW sue EU after China EVs hit by tariffs
Elon Musk’s Tesla and Bayerische Motoren Werke AG (BMW) have sued the European Union’s (EU) executive, adding to a flurry of ...
1d
on MSN
BMW Sees Auto Margin at Low End of Guidance on Weak Sales
BMW AG said its 2024 automaking profit margin will be at the lower end of guidance after falling sales of its premium cars.
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