US EditionGermany should be leading, not trailing, auto sector in future, Merz says
Chancellor Merz emphasizes urgent action to preserve Germany's auto sector amid 50,000 job losses and rising competition from Chinese electric vehicle makers, citing risks from overregulation.
- German Chancellor Friedrich Merz highlighted the auto industry's relevance for Europe's largest economy at the IAA Munich auto show, saying overregulation posed a serious risk.
- Merz pledged to ramp up investment and improve Germany's business environment to revive growth, as the German economy contracted again in the second quarter amid an industrial slowdown.
- While major automakers work on building up their electric vehicle models, many also want to keep selling combustion-engine cars beyond the EU's current 2035 deadline.
9 Articles
9 Articles
Germany should be leading, not trailing, auto sector in future, Merz says
Germany should lead the charge in the sector's push towards electric mobility and not risk falling behind as Asian rivals and trade barriers make it harder for the country's automakers to compete, Chancellor Friedrich Merz said on Tuesday.
Merz Backs Auto Industry’s Push for Looser EU Rules on EV Shift
Chancellor Friedrich Merz called for more regulatory flexibility from the European Union, throwing his weight behind the German auto industry’s push to soften rules that would effectively ban combustion engine vehicles in 10 years.
Germany should be leading, not trailing, car sector: Merz
Germany should lead the charge in the sector's push towards electric mobility and not risk falling behind as Asian rivals and trade barriers make it harder for the country's automakers to compete, Chancellor Friedrich Merz said today.
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