EconomyGermany and France tighten ‘Made in Europe’ stance, pressuring China’s auto industry
France and Germany have set out a joint position on Europe’s automotive package, proposing a narrower ‘Made in Europe’ definition and research and development requirements for cars to qualify for subsidies or public procurement. Industry insiders say the changes could increase pressure on Chinese automakers to invest in production within the bloc.
Germany and France tighten ‘Made in Europe’ stance, pressuring China’s auto industry
Economy