Hyundai CEO says only a ‘level playing field’ can minimize damage from China
There's been a lot of doom and gloom from the auto industry lately when the subject of China comes up. Automaker CEOs, in particular, warn that allowing low-cost, high-tech Chinese electric vehicles to be sold in the US would effectively spell the end of their businesses. Hyundai CEO José Muñoz is n...
By Andrew J. HawkinsOctober 5, 20268 views
Image: The Verge
Hyundai CEO José Muñoz, center, doesn’t think his company needs a strategy to combat Chinese imports. | Image: Andrew J. Hawkins / The Verge
There's been a lot of doom and gloom from the auto industry lately when the subject of China comes up. Automaker CEOs, in particular, warn that allowing low-cost, high-tech Chinese electric vehicles to be sold in the US would effectively spell the end of their businesses.
Hyundai CEO José Muñoz is not as pessimistic as some of his counterparts. He says he's confident the right mix of protectionist policies and improvements on the product side can keep China at bay. Even though his company is feeling the squeeze from China, Muñoz isn't ready to throw in the towel. But he also acknowledges that China could flood the US with affordable import …
Be the first to receive the latest news, market analysis and updates — delivered straight to your inbox.
We value your privacy
We use cookies to run this site and, with your consent, to measure
traffic and improve our content. Necessary cookies are always on. You
can accept all cookies or choose which ones to allow.
Privacy policy.