Six in 10 used car dealers believe at least one existing major European car maker will be driven out of business in the next 10 years. Likely causes reported in April’s Startline Used Car Tracker include the cost of investing in electrification, mentioned by 40% of dealers, and their inability to compete with low-cost vehicles from Chinese new entrants … [Read more...]
Car makers call for push-back from cliff
In a letter to European Commission President Ursula von der Leyen, automotive industry leaders have joined forces to call for immediate action to prevent unnecessary tariffs being imposed on vital electric vehicle trade between the EU and the UK. With around two months to go until the current rules of origin (ROO) in the EU-UK trade and cooperation … [Read more...]
