European car manufacturers, including Mercedes-Benz and BMW, are urging the European Commission to negotiate with incoming US president Donald Trump to safeguard the European car industry amidst rising trade tensions. The ACEA emphasizes the importance of maintaining open trade with both China and the US, as both are vital for the industry's success. The letter from ACEA president Ola Källenius advocates for strengthening the European internal market rather than imposing protectionist measures, warning that trade wars yield no winners. The European car industry faces challenges from cheaper Chinese competitors, leading to increased tariffs on Chinese EVs, with concerns about potential retaliatory actions from China. Teljes cikk (Euronews.com)