"Ford's Valencia Plant in the Crosshairs: Geely Eyes EU Tariff Workaround In a move that could significantly impact the European automotive landscape, Ford is reportedly in talks to sell a body assembly hall at its Valencia plant to Geely, the Chinese conglomerate behind Volvo and Lynk & Co. According to Spanish media, Geely plans to use the facility to build vehicles based on its GEA platform, a strategy aimed at avoiding EU tariffs on Chinese imports. By assembling vehicles in the EU, Geely hopes to sidestep the tariffs, which have been a major hurdle for the company in recent years. The development could have far-reaching implications for the automotive industry, particularly in the EU, where Geely's expansion plans are closely watched."
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 ...