EU Automotive Industry Seeks Action Against US Tariffs

In a crucial meeting with European Commission President Ursula von der Leyen, leaders from the European automotive sector voiced their deep concerns regarding the recent US tariffs. The discussion centered on the potential repercussions for global trade and the automotive industry's integrated supply chains.

Uncertainty Looms Over Supply Chains

The industry representatives highlighted the uncertainties introduced by these tariffs, emphasizing the need for a swift and strategic response to safeguard the sector's competitiveness and stability.

Urgent Call for Competitiveness Agenda

Participants urged the European Commission to expedite the implementation of the Action Plan on Automotive, a key component of the EU's competitiveness agenda, to counteract the adverse effects of the tariffs.