Business · Trade · 2 hrs ago

Stellantis and Renault back UK in proposed EU car industry rules

Stellantis and Renault back UK in proposed EU car industry rules

Stellantis and Renault want the UK included in proposed EU rules that would favour cars made in Europe.

The rules would require cars to contain enough European parts and materials to qualify for EU electric-vehicle grants and public contracts.

The UK could be excluded if “European” is defined as only the EU’s 27 member states, despite its close links with the bloc’s car industry.

Stellantis still makes small vans at a factory in Ellesmere Port, Merseyside.

Renault chief executive François Provost said the UK should also consider limits on Chinese car imports if it wants to join the European industrial framework.

He said companies operating in Europe should invest across the value chain, including manufacturing, suppliers and research.

The debate comes as European carmakers face weaker demand and costly shifts to electric vehicles, while Chinese manufacturers expand in the market.

The proposed rules are still being negotiated, and the UK has so far rejected pressure to impose its own tariffs on Chinese imports.

What people are saying

I think that UK somehow needs to be equalised to the EU 27
Emanuele CappellanoStellantis executive leading its European brandsvia Guardian
There is no other choice
François ProvostRenault chief executivevia Guardian
On your side, you have also to take decisions
François ProvostRenault chief executivevia Guardian
if you want to operate in Europe, you have to deeply invest in the whole value chain, final manufacturing, suppliers, R&D, technologies.
François ProvostRenault chief executivevia Guardian

Sources

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