Automakers urge Congress to quickly pass law banning Chinese cars
The alliance said Chinese rivals are flooding global markets and warned Congress to act before adjournment as bipartisan legislation advances.
- 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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14 Articles
A group representing the main assemblers in the United States asked the Congress of the country, on Thursday (3), to approve legislation preventing the entry of Chinese vehicles into the American market by 2026. The Alliance for Automotive Innovation, representing General Motors, Ford, Toyota, Volkswagen, Hyundai, Honda, Stellantis and other major assemblers, called for rapid action by the government. At this time, Chinese assemblers are dumping…
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Automakers urge Congress to quickly pass law banning Chinese cars
WASHINGTON, Sept 3 : A group representing major automakers on Thursday urged Congress to pass legislation barring Chinese vehicles from the U.S. market before the end of the year.The Alliance for Automotive Innovation, which represents General Motors, Ford, Toyota, Volkswagen, Hyundai, Honda Stellantis and ot
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