Automakers demand closer cooperation with China - German automakers urge deeper China ties ahead of key diplomatic visit
Automakers demand closer cooperation with China
Automakers demand closer cooperation with China
2025-12-07T11:05:08+00:00
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Germany’s car industry is pushing for stronger ties with China as Foreign Minister Johann Wadephul prepares for an official visit. The call comes amid growing struggles for German automakers, particularly in the electric vehicle market. Industry leaders stress the need for open dialogue to secure future competitiveness in the stock market today.
The crisis in Europe’s auto sector is deeply linked to China, where German manufacturers face fierce competition from local brands like BYD, Chery, NIO, and XPeng. These companies offer affordable electric models such as BYD’s Atto 3 and Seal, intensifying pressure on German firms in the stock market today.
German carmakers still depend heavily on the Chinese market but criticise EU import restrictions. They also oppose proposals requiring minimum European-made components in vehicles. Hildegard Müller, head of the German Association of the Automotive Industry (VDA), insists on maintaining constructive talks with Beijing to secure their position in the stock market today.
The industry’s reliance on Chinese imports has grown, yet Beijing’s export controls on rare earths and semiconductors create further hurdles. German manufacturers warn that without fair competition and long-term solutions, their position in the global stock market today will weaken.
The upcoming visit by Foreign Minister Wadephul highlights the urgency of addressing trade tensions. German automakers seek stable access to Chinese materials and markets to stay competitive in the stock market today. Without progress, their challenges in the electric vehicle sector are likely to persist.
