- Hyundai CEO Jose Munoz warned Chinese automakers could erode US margins unless tariffs and market-access rules remain.
- Chinese vehicles run 30 to 40 percent cheaper than competing models in Italy, Spain, and France despite EU tariffs.
- Chinese-branded cars made up more than 9 percent of EU sales in the first half of the year.
Jose Munoz has watched this movie before. Hyundai's CEO spent roughly a decade running Nissan's China operations, and on Thursday in San Jose, California, he told Reuters what that experience taught him about Washington's next big automotive problem.
