Stellantis CEO warns European auto industry may not survive 20 years amid China competition and regulation

Stellantis CEO Carlos Tavares warns that the European auto industry may not exist in 20 years, citing competitive pressure from Chinese EV makers and stringent EU regulations. The company plans to counter with new electric platforms, alliances with Chinese partners, and targeted innovation. This signals growing concern over the sector's structural decline, with implications for European manufacturing and employment.

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