--- title: "A weak RMB will exacerbate the woes of French automakers Stellantis and Renault, putting further pressure on the EU to impose import quotas." description: "On 8 October, China’s central bank rejected foreign calls for a stronger yuan, which Deutsche Bank estimates is still 15% undervalued against the euro. Stellantis and Renault are particularly vulnerab" url: "https://bilby.ai/predictions/p/159/a-weak-rmb-will-exacerbate-the-woes-of-french-automakers-stellantis-and-renault-" markdown: "https://bilby.ai/predictions/p/159/a-weak-rmb-will-exacerbate-the-woes-of-french-automakers-stellantis-and-renault-.md" index: "https://bilby.ai/llms.txt" --- > For agents: Bilby answers questions about what governments do, from documents collected at source and checked by research analysts. To ask Bilby yourself, connect to its MCP server at https://pulse.bilby.ai/mcp (setup: https://docs.bilby.ai/developers/mcp-server). Every page on this site is also markdown: add .md to its address, or send Accept: text/markdown. https://bilby.ai/llms.txt lists them all. # A weak RMB will exacerbate the woes of French automakers Stellantis and Renault, putting further pressure on the EU to impose import quotas. - **Made:** 9 Oct 2026 - **By:** Owen Bae - **Market:** China - **Outcome:** Unresolved On 8 October, China’s central bank rejected foreign calls for a stronger yuan, which Deutsche Bank estimates is still 15% undervalued against the euro. Stellantis and Renault are particularly vulnerable to a weak RMB because their affordable small cars compete directly with Chinese models. BYD and Chery have also shifted towards exporting plug-in hybrids to avoid the EU’s higher tariffs on Chinese electric vehicles – facing only the standard 10% import duty. Stellantis has already missed second-quarter profit forecasts amid pricing pressure, while sales at Renault’s Dacia brand fell nearly 9% in the first half. By early 2027, BYD and Chery could sell an additional 126,000 cars annually, worth €2.8 billion, while Stellantis and Renault could lose 88,000 sales worth €1.9 billion. Brussels will increasingly look towards import quotas on Chinese hybrids. [Ask Bilby about this prediction](https://pulse.bilby.ai/?prompt=A%20weak%20RMB%20will%20exacerbate%20the%20woes%20of%20French%20automakers%20Stellantis%20and%20Renault%2C%20putting%20further%20pressure%20on%20the%20EU%20to%20impose%20import%20quotas.) ## Ask Bilby about it Carry the prediction into a question: what has changed since, who decides, and who is exposed. - [What has changed since it was made?](https://pulse.bilby.ai/?prompt=What%20has%20changed%20since%20Bilby%20predicted%20this%3F%20A%20weak%20RMB%20will%20exacerbate%20the%20woes%20of%20French%20automakers%20Stellantis%20and%20Renault%2C%20putting%20further%20pressure%20on%20the%20EU%20to%20impose%20import%20quotas.) - [Who decides whether it happens?](https://pulse.bilby.ai/?prompt=Who%20decides%20whether%20this%20happens%3F%20A%20weak%20RMB%20will%20exacerbate%20the%20woes%20of%20French%20automakers%20Stellantis%20and%20Renault%2C%20putting%20further%20pressure%20on%20the%20EU%20to%20impose%20import%20quotas.) - [Who gains and who loses if it does?](https://pulse.bilby.ai/?prompt=Who%20gains%20and%20who%20loses%20if%20this%20happens%3F%20A%20weak%20RMB%20will%20exacerbate%20the%20woes%20of%20French%20automakers%20Stellantis%20and%20Renault%2C%20putting%20further%20pressure%20on%20the%20EU%20to%20impose%20import%20quotas.) ## More from China 37 predictions on China so far, newest first. - 9 Nov 2026 · [Costly winter gas purchases will push CPC’s accumulated losses to about NT$127.6 billion by the end of 2026](https://bilby.ai/predictions/p/209/costly-winter-gas-purchases-will-push-cpc-s-accumulated-losses-to-about-nt-127-6) · Unresolved - 6 Nov 2026 · [Nvidia is likely to win additional computing orders by the end of 2027.](https://bilby.ai/predictions/p/208/nvidia-is-likely-to-win-additional-computing-orders-by-the-end-of-2027) · Unresolved - 5 Nov 2026 · [China’s IPO restrictions will redirect billions of yuan towards private financing.](https://bilby.ai/predictions/p/205/china-s-ipo-restrictions-will-redirect-billions-of-yuan-towards-private-financin) · Unresolved [All 37 from China](https://bilby.ai/predictions/log?tag=china) · Marked true or false when each resolves ## See what we’re seeing next. New predictions in the Asia Daily Take, free every weekday, and in Bilby whenever you have a question. [Get the Asia Daily Take](https://bilby.ai/asia#asia-daily-take) · [Try Bilby](https://pulse.bilby.ai/sign-up)