2024-09-12 05:50:08
Automotive
Business

MEPs Split on Halting European Car Factory Closures

As Europe's carmakers struggle with a sales slump in electric vehicles and competition from China, the closure of German plants by Volkswagen and the risk to Audi's Brussels EV factory loom. The EU automotive sector, employing 14 million people and contributing 7% of GDP, faces division among MEPs.

The EPP's Bentele advocates for flexibility on EU carbon rules, while Renew's Glück opposes tech mandates. Greens' Matthieu claims the industry resists e-mobility, and socialist Ecke blames carmaker management.

Swedish MEP Eriksson welcomes the Draghi report, criticizing the lack of EU planning in the sector. Calls for national EV incentives, investment in charging infrastructure, and protection from foreign subsidies are also made.

Tagesschau - Wirtschaft und Börsen-Nachrichten
11. September 2024 um 19:03

Weil calls for swift talks on Volkswagen's savings plans

Economy
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Lower Saxony's Prime Minister Stephan Weil is calling for swift talks between VW management and employee representatives to find solutions for greater competitiveness. The Emden works council also advocates for quick negotiations, as the termination of the employment guarantee has broken trust. Weil sees good future prospects for the Emden site, as one billion euros has been invested in the conversion for electric car production.
EuroNews
11. September 2024 um 19:00

Diverging views in the European Union: Sánchez calls for a review of customs duties on Chinese electric vehicles

Politics
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The European Commission imposes customs duties on Chinese electric vehicles to compensate for Chinese financial support. Spanish Prime Minister Sánchez calls for a review of these duties, fearing Chinese retaliatory measures against the European pork sector and European brandy exports.
EURACTIV.com
12. September 2024 um 04:30

MEPs split on how to halt European car factory closures

Politics
Economy
Environment
Technology
Europe's carmakers struggle with EV sales slump, Chinese competition. Volkswagen may close German plants, Audi's Brussels EV factory at risk. EU automotive sector employs 14M, 7% of GDP. MEPs divided - EPP's Bentele wants flexibility on EU carbon rules, Renew's Glück opposes tech mandates, Greens' Matthieu says industry resisted e-mobility, socialist Ecke blames carmaker management. Swedish MEP Eriksson welcomes Draghi report proposing EU industrial plan, which criticizes "lack of EU planning"..
CW

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