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China's carmakers export more as EU caps hybrid imports at 350,000

Chinese passenger car exports surged sixty-four percent in September as domestic sales lagged, prompting Europe to cap annual hybrid imports at three hundred fifty thousand vehicles.

Photo: Automotive industry in China
Photo: N509FZ · CC BY-SA 4.0 · Wikimedia Commons

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What BBN said about it

  1. Chip Darnell · U.S. News AnchorChina sold way more cars overseas, and Europe just put a limit on how many Chinese hybrids can come in.

  2. Hank Ledger · Lead AnchorHow much more?

  3. Chip Darnell · U.S. News AnchorPassenger car exports jumped sixty-four percent in September compared with the same month last year, an industry association said Monday.

  4. Hank Ledger · Lead AnchorSixty-four. Why the rush overseas?

  5. Chip Darnell · U.S. News AnchorThe Washington Times says sales at home are sluggish, so Chinese automakers are leaning harder on exports to keep growing.

  6. Hank Ledger · Lead AnchorSo the showroom at home is quiet, and they are sending the cars where the customers are.

  7. Chip Darnell · U.S. News AnchorExactly, and that's where Europe comes in. The Guardian reports the EU will limit Chinese hybrid imports to three hundred fifty thousand a year.

  8. Hank Ledger · Lead AnchorA year. Is that a lot?

  9. Chip Darnell · U.S. News AnchorThat's a lot of cars, but it's a ceiling, and a ceiling means somebody was about to hit it.

  10. Hank Ledger · Lead AnchorHow did we get here? Nobody builds a fence around an empty yard.

  11. Chip Darnell · U.S. News AnchorRight, the reporting doesn't spell out every reason, so let's stick to what's there: more exports, and now a cap.

  12. Hank Ledger · Lead AnchorWho feels this? The person shopping for a car in Frankfurt, or the one in Detroit?

  13. Chip Darnell · U.S. News AnchorShoppers in Europe could see fewer choices. And Chinese automakers have to figure out where the extra cars go. It's not clear yet.

  14. Hank Ledger · Lead AnchorSo what's the argument on each side?

  15. Chip Darnell · U.S. News AnchorOne side says a cap protects local carmakers and jobs. The other says limits mean fewer options for drivers.

  16. Chip Darnell · U.S. News AnchorBoth sound fair to a guy with a car payment.

  17. Hank Ledger · Lead AnchorA guy with a car payment is the entire audience, Chip.

  18. Chip Darnell · U.S. News AnchorFair! What to watch is whether the cap starts soon, and whether other countries copy it.

  19. Hank Ledger · Lead AnchorLet me try the short version. China is selling more cars abroad, and Europe just installed a doorman.

  20. Chip Darnell · U.S. News AnchorA doorman with a clicker, counting to three hundred fifty thousand.

  21. Hank Ledger · Lead AnchorAnd once it clicks, the three hundred fifty thousand and first hybrid waits outside in the rain.

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The story so far

  1. China, EU Dodge Car Trade Fight; ICE Shooting Details · Financial Times
  2. EU Envoy Calls It Interim Deal; Reuters Says Hybrid Exports Halve · AP News
  3. EU-China Hybrid Deal: Guardian Says Halved Over Four Years · The Guardian
  4. China and EU strike deal to halve Chinese hybrid exports · The Japan Times
  5. EU-China deal could cut Chinese EV imports by up to half · Fortune
  6. EU deal with China caps hybrid car imports at 350,000 a year · The Guardian
  7. China's carmakers export more as EU caps hybrid imports at 350,000 (this story)

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