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Auto companies call for ban on Chinese-made cars
The Alliance for Automotive Innovation said subsidized Chinese automakers are expanding globally and raising economic and national security concerns for U.S. carmakers.
- 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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·Helsinki, Finland
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Auto companies call for ban on Chinese-made cars
The Alliance for Automotive Innovation urged congressional leaders to pass a permanent ban on Chinese-made connected vehicles during the 119th Congress to address national security concerns and unfair trade practices.
·Washington, United States
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Coverage Details
Total News Sources20
Leaning Left1Leaning Right3Center11Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
C 73%
R 20%
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