auto industry - Latest news GMK Center

The bloc’s largest car manufacturers have joined forces to promote appropriate regulation

The planned adjustment is intended to strengthen the competitiveness of the North American business

Companies have already begun to reflect expected payments in their financial statements

The annual volume of automotive trade between the two sides amounts to approximately €80 billion

A European consortium is working on steel for car bodies that offers lower energy consumption and better corrosion resistance

The Industrial Accelerator Act ultimately takes a broader approach to the Made in Europe policy

This move is a change in strategy after several consecutive cycles of decline

Deliveries will begin this year

Demand from the construction and automotive industries was unable to prevent market contraction

In the first nine months of the year, German car exports to the United States fell by almost 14% y/y

Other stakeholders warn of weakening of Europe's climate strategy

The automaker noted, in particular, that the EU package remains incomplete without a clear definition of the local component