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Auto companies call for ban on Chinese-made cars
The automakers’ trade group says subsidized Chinese rivals are gaining market share worldwide and warns the move would protect U.S. economic and national security interests.
- On Thursday, the Alliance for Automotive Innovation urged Congress to pass legislation barring Chinese vehicles from the U.S. market before the end of the year.
- Automakers fear Chinese rivals like BYD and Geely are flooding global markets, and CEO John Bozzella wrote that "Chinese automakers are dumping subsidized vehicles with connected software and hardware around the world."
- Legislation advanced by the Senate Commerce Committee could ban Mercedes-Benz because Chinese investors hold nearly 20% of the automaker, though the Alliance seeks to "achieve a balanced policy so all our member companies continue to succeed and thrive inside the U.S."
- Bozzella stated that "enacting a permanent ban on Chinese vehicles and high-risk hardware and software in the 119th Congress will send a clear and bipartisan message," warning midterm elections could affect momentum before Jan. 3.
- Industry pressure extends beyond policy as Honda instructs suppliers to cut costs to save 1.5 trillion yen by 2030, addressing market erosion from BYD and other Chinese electric vehicle makers utilizing advanced software and lower pricing.
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Washington. A group of car manufacturers yesterday urged Congress to pass a law banning the entry of Chinese vehicles into the US market before the end of the year.
·Mexico
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Alliance for Automotive Innovation on Thursday called on the U.S. Congress to pass a law before the end of this year that would ban Chinese cars forever on the US market.
(Seoul = Yonhap News) Reporter Ko Il-hwan = The U.S. automaker has urged Congress to pass legislation to block the entry of Chinese automakers into the U.S. market.
·Seoul, Korea (the Republic of)
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·Helsinki, Finland
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Coverage Details
Total News Sources35
Leaning Left3Leaning Right5Center11Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 16%
C 58%
R 26%
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