European car market risks collapse amid Chinese competition and EV switch - 'Action is now required'

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GB News

European car market risks collapse amid Chinese competition and EV switch - 'Action is now required'

Germany's auto sector has issued an urgent warning that tens of thousands of jobs could be at risk across the continent over competition from China and "political goals". Hildegard Müller, president of the German Association of the Automotive Industry (VDA), has issued a damning statement on the future of the European car sector. She explained that the VDA and member companies had highlighted the poor conditions fo…