Vestager to the European automotive sector: “We want to preserve production. Ready for new measures”

Brussels – There will be no reconsideration of the sustainability strategy but no intention to abandon the auto industry to its problems, which are well known to Brussels and which the European Commission will address. Margrethe Vestager offers reassurance to the automotive industry. On behalf of the entire college, the executive vice president in charge of competition assures that the von der Leyen team “is following with high attention and concern the recent developments in the EU automotive industry.” and that the policy agenda does not change. It “ is committed to preserving manufacturing in Europe while ensuring a just transition and sustainable competitiveness,” Vestager explains.

The executive vice-president responds to a parliamentary question presented by Belgian socialists, concerned about the shutdown of an Audi plant in Brussels (which has since happened), the latest piece in an increasingly struggling industry. Europe will not stand idly by. “The Commission has taken note of the analysis of the automotive industry’s challenges in the Draghi report and will consider further measures in the context of the announced future industrial action plan for the automotive industry.” 

However, it will have to wait until the new board of commissioners is formed. We are currently in a phase of institutional renewal. So, the political calendar inevitably affects the strategy to rescue and revive significantly the twelve-star auto industry. However, Vestager can reassure the automotive sectors:  “In 2025,” a report is planned to monitor the first progress, with observations and considerations also “on adequate financial measures to ensure a just transition and to mitigate any negative impacts.” In any way, there is no going back from the Green Deal.