Stellantis chair says US tariffs, EU rules put auto industry at risk
MILAN (Reuters) -Stellantis Chairman John Elkann said on Tuesday U.S. tariffs and strict European Union emissions standards were threatening the industry, as the automaker continued its search for a new chief executive. "With the current path of painful tariffs and overly rigid regulations, the American and European car industries are being put at risk," amid increased competition from China, Elkann said at the group's annual shareholders' meeting. "That would be a tragedy as car manufacturing is a source of jobs, innovation and strong communities," he said.