European Automobile Industry Report 09/10 available on-line now image

The European Automobile Manufacturers’ Association ACEA has published, today, the ‘European Automobile Industry Report 09/10’ and the accompanying leaflet ‘Automobile & Society – State of Affairs, Priorities of the Future’.
In its dialogue with policy makers, the European automobile industry focuses on four main areas: environment, mobility, market and economy, and the regulatory framework.

“The commitment to solutions that tackle issues like climate change and road safety remains at the heart of all manufacturers’ strategies”, write ACEA President Carlos Ghosn (Chairman and CEO Renault) and Secretary General Ivan Hodac in the foreword of the Industry Report.

“However, innovation relies on a vibrant and competitive sector. A supportive EU policy framework, in crisis and in more normal times, boosts an industry that is vital to Europe’s economic well-being.”

The automotive industry is a sector of great strength and forms the backbone of the manufacturing industry in Europe. 2009 and 2010 will be crucial years as the global economy has to overcome a gripping and damaging recession. The degree to which the automotive sector will be prepared for future growth will depend in large part on the decisions taken by legislators today.
The automobile sector is one of the most regulated industries in Europe and while legislation helps set common rules and standards, ensuring fair market conditions, unnecessary complexity and costs must be avoided. The regulatory framework should strengthen the sector’s competitiveness to enable the industry to continue contributing to economic growth, boosting mobility for millions and delivering the products that bolster road transport on its journey to a more sustainable future.
The European Automobile Industry Report 09/10 is available on www.acea.be
About ACEA The European automotive industry is key to the European economy. Direct employment in automotive manufacturing amounts to 2.2 million people; indirect employment involves another 10 million jobs.

Annually, ACEA members invest €20 billion in R&D, or 4% of turnover. The ACEA members are BMW Group, DAF Trucks, Daimler, FIAT Group, Ford of Europe, General Motors Europe, Jaguar Land Rover, MAN Nutzfahrzeuge, Porsche, PSA Peugeot Citroën, Renault, Scania, Toyota Motor Europe, Volkswagen and Volvo Group.