Carmakers are taking into account what's happened with the war in Ukraine and considering whether the ever-lengthening list of sanctions targeting Russia would similarly apply to China if the country were to assert itself in Taiwan. Business for carmakers including Stellantis, Volkswagen AG and General Motors Co in the country is becoming more challenging as local manufacturers including BYD Co, Geely Automobile Holdings Ltd and Nio Inc roll out a slew of fully electric models. Tavares pointed to German and US-branded vehicle sales falling by about a fifth in China during the first half, as well as a double-digit drop for Japanese brands, while domestic companies' sales rose.