EV leaders in Europe return fire against Ford, Stellantis pressure campaign
NeutralFinancial Markets

- Executives from Ford and Stellantis have publicly criticized the European Union's upcoming environmental regulations, which are set to be unveiled soon. This response comes amid growing concerns from U.S. automakers regarding the potential impact of these regulations on their operations in Europe.
- The statements from Ford and Stellantis highlight the precarious state of the European auto industry, with both companies warning that regulatory pressures and competition could threaten their market positions and overall industry stability.
- This situation underscores a broader tension between U.S. automakers and European regulatory bodies, as companies like Stellantis have warned of an 'irreversible decline' in the European car industry due to stringent regulations and competition from low-cost electric vehicle manufacturers, particularly from China.
— via World Pulse Now AI Editorial System



