EU OKs Tariffs on Chinese EVs
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European Automobile ManufacturersAFP.com
•As EU targets Chinese cars, European rivals sputter
77% Informative
Volkswagen , BMW , Mercedes and Stellantis have all issued profit warnings in recent weeks .
EU states gave a green light to hefty additional tariffs on made-in- China electric cars.
VW announced last month that it could close factories in Germany for the first time in its history.
German government held crisis talks with senior figures from the country's beleaguered auto industry.
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