The ability for industry and their associated service companies to sell their products and profit in Europe and the world forms the necessary basis for further investment, innovation, tax revenues and employment in Europe. The EU needs to maintain a world-class car industry, producing the safest, smartest and most sustainable vehicles globally and providing high-skilled jobs to millions.
The European Commission’s new targets – to increase industry’s share of GDP to 20% by 2020, to reduce consumption of primary energy by 20% by 2020, to cut emissions up to 40% by 2030 – can only be achieved with the strong contribution of the automotive industry and its expertise in technologies.