Van maker Stellantis is considering its options at Ellesmere Port and Luton, it has told an SMMT automotive conference.
It’s is very concerned about UK Government zero emissions plan and increasing tighter limits on percentages of evs made.
Oil and gas companies, carmakers and textile manufacturers make up the biggest recipients of European green funds despite being some of the world’s biggest climate polluters, shows a new investigation by Voxeurop and European Investigative Collaborations.
Alongside oil and fashion companies there were three carmakers in the top 10 fund recipients. Stellantis is the fourth highest recipient of green funds, while Mercedes was fifth and Toyota 10th.
Europe’s component suppliers are becoming increasingly worried by tariffs on Chinese-made cars which are up to 48% on some models but typically under 30%.
The EU’s trade surplus with China is already in decline, particularly in automotive components, which dropped from nearly €7 billion to €3 billion since 2020 and policymakers must address these challenges to protect the long-term health of the EU’s trade relationships.