Chinese automakers are setting their sights higher in their latest attempt to establish a foothold in Europe. They have created high-end brands aimed at appealing to global buyers. In addition, they are emphasizing their technical advancements, their collaborations with global megasuppliers and their design and management teams, which are stocked with former European auto executives.
PS
By:
Peter Sigal
October 09, 2017 05:00 AM
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U.S. to reduce tariff rate on most U.K. vehicles to 10% as part of trade framework
A 10% levy will be placed on the first 100,000 British vehicles imported to the U.S. each year. The 10% tariff replaces the 25% levy vehicles have been subjected to since April 3.
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