AssetID: 55880622
Headline: UNCAPTIONED: France and Germany Push 'Made in Europe' Plan to Rescue EU Auto Industry
Caption: France and Germany Push 'Made in Europe' Plan to Rescue EU Auto Industry. France and Germany are preparing a joint initiative calling on the European Union to adopt a "Made in Europe" strategy aimed at strengthening the bloc's struggling automotive industry. The proposal, backed by French President Emmanuel Macron and German Chancellor Friedrich Merz, seeks concrete measures to boost European manufacturing And improve the competitiveness of domestic carmakers against growing competition from China and the United States. According to a draft letter seen by Politico, the two countries want the European Commission to prioritize locally produced vehicles through public procurement rules and industrial policy. The plan also calls for greater investment in electric vehicle production, batteries and charging infrastructure to help Europe accelerate its transition to cleaner technologies. Paris and Berlin argue that European manufacturers face unfair competition from heavily subsidized foreign rivals and need stronger support to preserve jobs and industrial capacity. The proposal is expected to feed into wider discussions among EU leaders on how to reinforce Europe's industrial base while reducing strategic dependence on overseas suppliers. If adopted, the measures could mark a significant shift toward a more interventionist EU industrial policy, with the automotive sector becoming a key test. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,automotive industry,Europe,interventionism,protection,unfair,competition,China,United States,carmakers,industrial policy,public procurement,measures,electric vehicles,leading,employment,production
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