"Ford's Potential Deal with Geely Could Shake Up EU Auto Market: Reports Suggest the American Automaker is in Talks to Sell a Key Assembly Hall at its Valencia Plant to the Chinese-Owned Company, Which Plans to Use the Facility to Produce Vehicles Exempt from EU Tariffs. Geely's GEA platform-based cars would be a strategic move to avoid the hefty tariffs imposed on Chinese-made vehicles in the European Union, allowing the company to tap into the lucrative EU market more efficiently. If the deal goes through, it could have significant implications for the global automotive industry, particularly in the context of the ongoing trade tensions between the EU and China."
Ford is in discussions to sell Geely a body assembly hall at its Valencia plant, according to Spanish media reports. Geely plans to build vehicles based on its GEA platform to sidestep EU tariffs on ...
