Business · Companies · 3 hrs ago

Anfac chief urges support for Europe’s car industry amid Chinese competition

Anfac chief urges support for Europe’s car industry amid Chinese competition

Markus Haupt says Europe’s car industry is fighting back against growing competition from Chinese car brands.

Haupt leads Spain’s carmakers’ association, Anfac, and also heads Seat-Cupra.

European manufacturers have invested heavily in a new generation of electric cars, but Haupt says they need rules that let them compete on equal terms.

He supports European-made content requirements and wants Spain to attract more industrial investment, including from Chinese companies.

He wants electric-car support to continue and European carbon targets to be more flexible because buyers are switching to electric cars more slowly than expected.

Haupt says investment should cover more of vehicle production and suppliers, helping protect jobs and benefit Spain’s economy.

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What people are saying

Markus HauptAnfac president
The European industry has not thrown in the towel, quite the contrary. It has reacted and is clear that the only way is a counteroffensive.
via Expansión
One of the priorities, without a doubt, has to be, together with the European Commission, to create that competitiveness framework that allows European manufacturers to be competitive.
via Expansión
If the customer does not respond at the speed we want, it is not fair for the car industry to end up paying fines for something we have tried.
via Expansión
It is our obligation to attract those investments.
via Expansión