EU Unveils Automotive Industry Action Plan Amid Competition Concerns

The European Commission has launched an action plan aimed at addressing the automotive industry’s growing pains. In response to pressure from automakers and suppliers, the plan aims to alleviate costly emissions reduction requirements while enhancing competitiveness in a rapidly changing market. China and the US are increasingly posing challenges to the sector, prompting the EU’s initiative.

Source: https://www.autonews.com/manufacturing/automakers/ane-six-takeaways-eu-auto-action-plan-0305