Renault, Stellantis bosses warn of plant closures unless EU relaxes rules for small cars

It started in May and all the cars spread their price lists.Some chose to apply increases and others decided to keep them the same month before.In the case of Renault, brand that has just launched a new SUV to the market, its price list recorded an average rise of 1.4%, although some cars kept their price.This group will be able to access to realize the VTV with a 50% discountSo, the French terminal joined the decisions of Toyota, General Motors…

The CEOs of Renault and Stellantis warn in an interview with the French newspaper Le Figaro that cars are becoming unaffordable due to increasing European 'regulatory zeal'.

Luca de Meo and John Elkann: "European production at risk": "European production at risk": "The fate of the European car industry is played this year. The European car is likely to disappear." Or rather, Europe, as a car manufacturer, risks becoming a mere market, a land of conquest...

John Elkann and Luca de Meo are drawing the alarm of a European adrift car industry... "The fate of the European automotive industry is happening this year", explains to Figaro the two leaders of Stellantis and Renault. Together, they are calling for a radical and rapid simplification of European regulations so that they can again offer popular cars at competitive prices against Chinese "I"Ogre, whose domestic market is at the same level as thos…

The bosses of Stellantis and Renault demand different rules for small cars from those for the premium models of the German competition.

Renault, Stellantis bosses warn of plant closures unless EU relaxes rules for small cars

Automakers cannot earn enough profits from small cars because of European Union rules, Stellantis Chairman John Elkann and Renault CEO Luca de Meo said in a joint interview.