BMW CEO Milan Nedeljkovic supports voluntary pricing agreements with China instead of additional tariffs to address low-cost Chinese car imports into Europe. In an interview with FAZ published on Tuesday, he said some Chinese vehicles were being sold at prices that were not commercially understandable and warned that tariffs could strengthen protectionist pressures and risk escalation. The European Union is assessing responses to what Commission President Ursula von der Leyen calls an unsustainable trade deficit with China. Some European auto executives and politicians want local-content rules and broader tariffs covering Chinese plug-in hybrids. BMW has repeatedly criticized current EU duties on Chinese electric-vehicle imports, while producing its all-electric Mini in China for export.