Market Chatter: Mercedes-Benz Joins Geely Lawsuit Versus EU Tariffs

MT Newswires Live
29 Jan

Mercedes-Benz joined Geely Automobile Holdings' (HKG:0175) legal challenge against the European Union's tariff on Chinese electric vehicles, Reuters reported Tuesday.

The German luxury carmaker's Smart vehicle in China, which is being manufactured through its joint venture with Geely, faces a tariff of 18.8% in the bloc, the media outlet said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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