Learn English: Chery Auto Plans UK Factory to Beat Tariffs (normal)

1 day, 6 hours ago

Chery Auto Plans UK Factory to Beat Tariffs

Chery Auto, a Chinese car company, is actively exploring building a second European factory in Great Britain.

This decision is partly driven by the need to avoid high taxes on importing cars from China into the UK and EU.

By manufacturing cars directly in the UK, Chery hopes to reduce costs and increase its market share.

This move also highlights the increasing presence and influence of Chinese automakers in the global market.

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Source

Original: The Guardian

Tags

#Chery Auto #UK Factory #Chinese Cars #Automotive Industry #International Trade

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