Stellantis CEO urges incentives for carmakers who build in Europe as Chinese rivals gain ground

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Stellantis CEO urges incentives for carmakers who build in Europe as Chinese rivals gain ground

AI Summary

Stellantis' CEO called for incentives to encourage automakers to manufacture vehicles in Europe as Chinese competitors gain ground. The proposal reflects pressure on Europe's auto industry to remain competitive and attract regional production.

Stellantis' CEO urged European regulators to create incentives for carmakers to manufacture vehicles in the region amid competition from Chinese rivals.

Politics Markets Deals Stellantis European automotive industry Chinese automakers manufacturing industrial incentives competition

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