UK Business

Three strategies to help European carmakers regain their edge

Written by Francesco Grillo, Academic Fellow, Department of Social and Political Sciences, Bocconi University

Even before US president Donald Trump announced a 25% tariff on all imported cars, European automakers had been facing a multitude of challenges. Sales have slumped and manufacturers face rising costs, while Chinese rivals have rapidly been gaining market share.

The day before the tariffs announcement, the combined market...

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