Aumovio to Help Chery Build Cars in Europe as EU Import Cap Looms
By Michael Hennessey
German auto-parts supplier Aumovio agreed to partner with Chery Automobile to launch the Chinese vehicle manufacturer's production in Europe.
Aumovio, a spinoff of tire maker Continental, said Thursday it would contribute its overall portfolio, research and development capabilities, and European production network to support Chery.
The two companies have worked together in the Chinese market for over 25 years, Aumovio said. The German company supplies technology including brake systems for a range of Chery's car models.
As a first step in the European collaboration, Aumovio will supply airbag control units for the Chinese company's European-produced models. Aumovio didn't disclose financial details of the collaboration.
Earlier this week, a senior EU official said the bloc would cap Chinese hybrid car imports at 350,000 units a year.
The official expects the plans to more than halve China's projected shipments to the bloc. The cap, which could take effect in early December, will also include a fixed annual increase limit of 6%.
The EU's top trade negotiator, Maros Sefcovic, traveled to Beijing earlier this month for talks with Chinese Commerce Minister Wang Wentao. European officials are seeking to rebalance the bloc's relationship with China over concerns of a surge in cheaper imports.
The Chinese auto industry will seek to accelerate local production in the EU to avoid the trade barriers, Daiwa analysts said on Wednesday.
Write to Michael Hennessey at michael.hennessey@wsj.com
(END) Dow Jones Newswires
October 15, 2026 05:19 ET (09:19 GMT)
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