China rebukes EU after formal launch of EV subsidy probe

By:

Reuters

October 04, 2023 08:39 AM

China voiced dissatisfaction at a demand by the European Union to engage within a "very short" time in consultations on the bloc's inquiry into subsidies for electric vehicles.

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Tariffs already hurting vehicle affordability as more price hikes loom

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Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.

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Michael Martinez

Tariffs already hurting vehicle affordability as more price hikes loom

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Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

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Hans Greimel

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

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