- European automakers’ face tariff hikes, high costs, rivalry
- Many firms concerned over Europe’s emissions goals for 2035
- Chinese automakers gaining market share in Europe, China
MUNICH, Sept 8 (Reuters) - Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe’s auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home turf.
Yeah because chinese automaker still make “profits by volume” cars. Since covid, everyone here is “profit per unit”