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China Will Dominate US Car Market Like Europe's Unless Restricted, Hyundai CEO Says: TDS

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China Will Dominate US Car Market Like Europe's Unless Restricted, Hyundai CEO Says: TDS
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Hyundai CEO Jose Muñoz warned that the U.S. could see an influx of cheaper Chinese vehicles that undercut competition unless safeguards are put in place. Speaking Thursday, Muñoz compared the situation to Europe, saying the U.K. had become “like China” because there were “no barriers,” with top sellers now being Chinese. Without similar protections, he suggested, the U.S. may experience comparable outcomes at different levels. The roundup also notes Volvo’s plan to keep touchscreens but “reintroduce” more physical buttons for functions that must remain visible, and Volkswagen’s recall of 209,000 U.S. vehicles over faulty steering rack bolts affecting several 2018–2021 models.

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