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07.10.26 - 17:39
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Better Late Than Never? EU Prepares Import Cap On Chinese Hybrids As Germany′s Industrial Base Burns (ZeroHedge)
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Better Late Than Never? EU Prepares Import Cap On Chinese Hybrids As Germany's Industrial Base Burns
Some ten years after it should have, Europe is finally reaching for the brakes.
According to Bloomberg, the European Commission is preparing so-called safeguard measures to limit imports of Chinese hybrid vehicles, most likely via tariff-rate quotas that slap a levy on anything above a set volume. The cap would be time-limited, and Brussels plans to use hybrids as a "test case" which, if successful, could be replicated in other sectors where the bloc is drowning in Chinese imports.
Our reaction this morning was short and to the point:
EU PREPARES TEMPORARY IMPORT CAP ON CHINESE HYBRID CARS. Just 10 years too late
— zerohedge (@zerohedge) October 7, 2026
The market liked it anyway: Volkswagen jumped as much as 4.6%, Renault 6.1% and Mercedes 2%, while Goldman's European autos basket (GSXEAUTO) was up 90bps mid-morning, helped by a parallel headline that Germany and France want to w...
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02.10.26 - 08:06
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European Carmakers Bet on Nostalgia (Bloomberg)
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Reinventing iconic cars is a smart way for European manufacturers to compete with China. Bloomberg Opinion columnist Chris Bryant explains how the Renault 5 electric car (that comes with an optional baguette basket) proves that nostalgia sells. (Source: Bloomberg)...
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