Stellantis Mulls End to Its Car Manufacturing in China
Stellantis may stop making cars in China, given rising geopolitical tensions and sanctions worries. Speaking to reporters at a Paris car show Oct. 17, Stellantis CEO Carlos Tavares said the automaker may roll out an "asset-light" strategy for its Peugeot…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
and Citroen brands, importing to China cars made in Europe and the U.S., Bloomberg reported. Tavares' comments come after the company shuttered its only Jeep factory in China due to local political interference in the market (see 2207280018). Other car manufacturers, including Volkswagen and General Motors, are further expressing concerns over the Chinese market, wondering whether the sanctions hitting Russia could apply to China if it were to invade Taiwan, Bloomberg said.