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Market Chatter: Biden Plan to Ban Chinese Tech in US Cars May Cut Sales by Almost 26,000, Agency Says
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Market Chatter: Biden Plan to Ban Chinese Tech in US Cars May Cut Sales by Almost 26,000, Agency Says
Sep 28, 2024 1:51 AM

02:13 PM EDT, 09/27/2024 (MT Newswires) -- New US rules proposed to ban Chinese connected vehicles and Chinese software and hardware in cars may reduce auto sales in the US by up to 25,841 vehicles a year and raise prices, Reuters reported Friday, citing the US Commerce Department.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 46.31, Change: +0.50, Percent Change: +1.09

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