MEPs address the ongoing crisis in the EU’s automotive industry, focusing on enhancing competitiveness and preventing potential plant closures. This discussion arises as the sector grapples with challenges stemming from the shift to low-carbon technologies, supply chain disruptions, heightened competition from Asia, and a decline in demand for electric vehicles. MEPs will engage with representatives from the Commission and the Hungarian Presidency to explore measures aimed at revitalizing the automotive sector.

The EU automotive industry, a historically significant sector employing 13.8 million people and contributing 8% of European manufacturing value, is currently at a pivotal moment. The transition towards electrification, with all new vehicles mandated to be zero emissions by 2035, alongside digitalization and global competition, necessitates a swift adaptation of business models. In 2023, while the EU produced 14.8 million vehicles, the industry faces the challenge of competing against emerging leaders like China. MEPs are expected to propose a resolution in a future session to address these urgent concerns and secure the future of this vital sector.

The crisis facing the EU’s automotive industry

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EP Plenary session - The crisis facing the EU’s automotive industry, potential plant closures and the need to enhance competitiveness and maintain jobs in Europe

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Closing statement Valdis DOMBROVSKIS, Executive Vice-President of the European Commission. MEPs address the ongoing crisis in the EU’s automotive industry, focusing on enhancing competitiveness and preventing potential plant closures. This discussion arises as the sector grapples with challenges stemming from the shift to low-carbon technologies, supply chain disruptions, heightened competition from Asia, and a decline in demand for electric vehicles. MEPs will engage with representatives from the Commission and the Hungarian Presidency to explore measures aimed at revitalizing the automotive sector.

The crisis facing the EU’s automotive industry, potential plant closures and the need to enhance competitiveness and maintain jobs in Europe: Closing statement Valdis DOMBROVSKIS, Executive Vice-President of the European Commission

MEPs address the ongoing crisis in the EU’s automotive industry, focusing on enhancing competitiveness and preventing potential plant closures. This discussion arises as the sector grapples with challenges stemming from the shift to low-carbon technologies, supply chain disruptions, heightened competition from Asia, and a decline in demand for electric vehicles. MEPs engage with representatives from the Commission and the Hungarian Presidency to explore measures aimed at revitalizing the automotive sector. Third part of MEPs debate.

The crisis facing the EU’s automotive industry, potential plant closures and the need to enhance competitiveness and maintain jobs in Europe: MEPs debate (part 3)

MEPs address the ongoing crisis in the EU’s automotive industry, focusing on enhancing competitiveness and preventing potential plant closures. This discussion arises as the sector grapples with challenges stemming from the shift to low-carbon technologies, supply chain disruptions, heightened competition from Asia, and a decline in demand for electric vehicles. MEPs engage with representatives from the Commission and the Hungarian Presidency to explore measures aimed at revitalizing the automotive sector. Second part of MEPs debate.

The crisis facing the EU’s automotive industry, potential plant closures and the need to enhance competitiveness and maintain jobs in Europe: MEPs debate (part 2)

MEPs address the ongoing crisis in the EU’s automotive industry, focusing on enhancing competitiveness and preventing potential plant closures. This discussion arises as the sector grapples with challenges stemming from the shift to low-carbon technologies, supply chain disruptions, heightened competition from Asia, and a decline in demand for electric vehicles. MEPs engage with representatives from the Commission and the Hungarian Presidency to explore measures aimed at revitalizing the automotive sector.

The crisis facing the EU’s automotive industry, potential plant closures and the need to enhance competitiveness and maintain jobs in Europe: MEPs debate (part 1)

MEPs debate on the challenges faced by the automotive sector in the EU, and how to restore the competitiveness of European manufacturers. As the European automotive sector experiences a crisis sparked by the transition to low carbon technologies, the degradation of supply chains, increased competition from Asia, and decreased demand for electric models. After the statement of Valdis DOMBROVSKIS, Executive Vice-President of the European Commission, MEPs discuss possible measures to restore the sector's competitiveness and prevent factory closures. A resolution will be put to a vote in a future session.

The crisis facing the EU’s automotive industry, potential plant closures and the need to enhance competitiveness and maintain jobs in Europe: extracts from the debate

Opening statements. MEPs address the ongoing crisis in the EU’s automotive industry, focusing on enhancing competitiveness and preventing potential plant closures. This discussion arises as the sector grapples with challenges stemming from the shift to low-carbon technologies, supply chain disruptions, heightened competition from Asia, and a decline in demand for electric vehicles. MEPs engage with representatives from the Commission and the Hungarian Presidency to explore measures aimed at revitalizing the automotive sector. This transcription is a result of an automatic process. Please check against delivery.

The crisis facing the EU’s automotive industry, potential plant closures and the need to enhance competitiveness and maintain jobs in Europe: Opening statement by Valdis DOMBROVSKIS, Executive Vice-President of the European Commission

This infoclip illustrates the automotive industry from different angles, such as manufacturing, car dealers, electric vehicles charging, and a car repair garage. The clip also shows the external view of the Audi factory in Brussels. In spring 2024, the German manufacturer announced the restructuring of its Brussels plant, provoking protest among employees and trade unions. The European automotive sector is experiencing a crisis sparked by the transition to low carbon technologies, the degradation of supply chains, increased competition from Asia, and decreased demand for electric models.

Infoclip: European Automotive Industry's competitiveness

Closing statements on the future of European competitiveness. Parliament debate the findings of the Draghi's report on a blueprint for boosting Europe’s competitiveness after his address. The report calls the challenge facing policy makers an “existential” one and warns that procrastination will lead to hard choices having to be made. It proposes far-reaching changes to numerous areas such as an “unprecedented” boost to public investment, including through the issuance of new EU common debt, a reform of the EU’s cohesion policy, an overhaul of competition policy, and a new industrial policy with at its core a strategy for reducing Europe’s high energy prices.

European competitiveness (T)

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