Europe's Big Three: The Largest Car Manufacturers Enter Into an Alliance
4 Articles
4 Articles
What drives three competitors such as Stellantis, Volkswagen and Renault to speak with almost one voice? At the Automotive Summit in Paris the numbers one of the three groups Antonio Filosa, Oliver Blume and François Provost found an understanding on what to ask Europe: less rigid rules on emissions, support for continental production and protection from Chinese competition. [...] The article Auto and made in Europe? Brussels protection is not e…
They manufacture more than 60% of European cars and now join forces: this is what they demand from Brussels. The three major manufacturers of generalist cars in Europe continue to join forces. Over the last few days, with the Paris Hall in the background, they have synchronized their speeches in order to save the automotive industry on our continent. Chinese brands and their rapid expansion have made the "Big Three" of the automotive sector in E…
The business model of large car manufacturers is based on selling large quantities of vehicles with relatively low profit margins.
The three most powerful automobile groups on the continent, Volkswagen, Stellantis and Renault, are putting aside their competition and sending an ultimatum to Brussels.
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