Hyundai CEO says only a ‘level playing field’ can minimize damage from China

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Hyundai CEO José Muñoz Hyundai CEO José Muñoz, center, doesn’t deliberation his institution needs a strategy to combat Chinese imports. | Image: Andrew J. Hawkins / The Verge

There's been a batch of doom and gloom from the car manufacture lately erstwhile the taxable of China comes up. Automaker CEOs, successful particular, pass that allowing low-cost, high-tech Chinese electrical vehicles to beryllium sold successful the US would efficaciously spell the extremity of their businesses.

Hyundai CEO José Muñoz is not arsenic pessimistic arsenic immoderate of his counterparts. He says he's assured the close premix of protectionist policies and improvements connected the merchandise broadside tin support China astatine bay. Even though his institution is feeling the compression from China, Muñoz isn't acceptable to propulsion successful the towel. But helium besides acknowledges that China could flood the US with affordable import …

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