BMW CEO warns on cheap Chinese imports; prefers voluntary pricing
BMW CEO Milan Nedeljkovic said low-cost Chinese car imports pose a risk to European industry. He told FAZ he backs voluntary pricing agreements rather than tariffs.
BMW CEO Milan Nedeljkovic said voluntary pricing agreements would be preferable to tariffs to address the threat posed by low-cost Chinese car imports to European industry, according to an interview with FAZ published on Tuesday. He said some Chinese cars are being offered at prices that are not comparable.