Business · Trade · 1 hr ago

French auto industry leader calls for European-made parts requirements

French auto industry leader calls for European-made parts requirements

Luc Chatel, head of the French Automotive Platform, is calling for European rules requiring cars made in Europe to use a minimum number of parts made in Europe.

The platform represents carmakers and parts suppliers.

Chatel says 75% of parts in cars produced in Europe are currently made there, but warns that the industry could lose about 40% of that share without action.

He links the risk to competition from China, which produces 35 million cars a year, compared with 1.4 million in France.

France’s car industry has already lost 50,000 jobs in five years.

A further 75,000 jobs in the industry are projected to go by 2035.

The proposal aims to protect European production and jobs, but no decision on adopting the rules is stated.

France’s car show is beginning, with about one-third of the brands taking part from China.

Sources

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