Giganţii auto din UE sunt "sufocaţi" de invazia maşinilor din China şi de schimbările din piaţă, spune şeful Volkswagen - Economica.net

The European automotive industry faces significant pressure from Chinese competition and market changes, according to Volkswagen's CEO Oliver Blume. He emphasized the need for flexible regulations and subsidies to support local manufacturers. Blume highlighted the challenges Volkswagen, Stellantis, and Renault face in producing affordable electric vehicles while controlling costs. The industry is undergoing major restructuring, including potential layoffs and factory closures. Chinese brands are also increasing their presence in Europe, raising concerns among European manufacturers about low-cost imports. Stellantis's CEO called for stronger incentives for local production to ensure fair competition.