Antonio Filosa, Stellantis’s new CEO (which oversees Peugeot, Citroën, Opel, Fiat, Chrysler and Jeep), urged the European Commission to take urgent action to protect the European auto industry from rising Chinese competition. He called current EU emissions targets “unrealistic” and said excessive regulation is driving up costs for small cars, collapsing volumes and endangering the sector. Filosa made the remarks in interviews ahead of the IAA Munich show; he became CEO in June and must turn around Stellantis, which faces U.S. tariffs, EU overcapacity, and competition from low-cost Chinese brands. Other industry leaders (including John Elkann, Luca de Meo and BMW’s Oliver Zipse) have made similar warnings about Europe’s emissions rules and the risk of the industry shrinking.