Europe’s Troubled Carmakers Get China Boost on Way to Paris Show

(Bloomberg) -- European carmaking leaders are heading to next week's Paris Motor Show after winning some breathing room from Chinese competitors. Most Read from Bloomberg US Bars Microsoft, Indian Firms From Visa Program in Blow India Scraps Key Tax Relief on Gold Imports, Raising Costs UPS Worker Missed Email, Letting China Get F-35 Parts Manchester City Held Settlement Talks With the Premier League Reliance May Be a Cheaper Way to Buy Jio After Its Listing Trade officials from China and the European Union on Friday agreed, in principle, on curbing Chinese exports of hybrid vehicles to the bloc by more than half. The deal follows the EU taking a more assertive approach on trade imbalances with China that had raised the prospect of a deepening rift.