Renault, VW and Stellantis for the relaunch of the car in Europe

Renault joins VW e Stellar to promote the production objectives of the “Made in Europe” plan. This is revealed by Financial Times explaining that in proposals presented to European parliamentarians and policy makers, the three car manufacturers representing more than 60% of EU car production have called for a clear regulatory framework to adequately reward manufacturers who localize production and keep vehicle design in Europe.

What Renault, VW and Stellantis are asking for

“We want to ensure that theEuropa remains the global power in the automotive sector,” the three groups said in a joint statement. “We need a mechanism that benefits European cars and industry, and this mechanism must be simple, easy to implement and easy to control.”

EU regulatory proposals

Based on the current proposals of theUEcorporate fleet cars and small electric vehicles would have to be assembled within the region to qualify for public procurement and subsidies. Bruxelles It also proposes a threshold of 70% local content for automotive components, excluding batteries.

Criticisms from non-European producers

Several non-European car manufacturers including Toyota, Jaguar Land Rover e Honda expressed concern about the geographic scope of the regulatory framework, which would exclude components manufactured in United Kingdomin Japan and in Türkiye. The three companies also highlighted the risk of additional costs compliance which would make vehicles produced in Europe even more expensive for consumers.

Industrial Accelerator Act

At the end of last year a so-called “Law onindustrial accelerator” to strengthen Europe’s industrial competitiveness in the face of the influx of affordable electric and plug-in hybrid vehicles from China. VW e Stellar They jointly supported the proposals, but negotiated for months to get other automakers to join.

Requests for local production

In the proposals presented VW, Stellar e Renault called for a simpler regulatory framework requiring 70% of EU vehicles to contain 70% local components from the 27 EU Member States, as well as from Iceland, Liechtenstein e Norway. The remaining 30% would remain open to production outside Europe, a ratio that the three companies called “fair”, but which is likely to be contested by other non-European producers.

Definition of made in EU

“Europe is not closing down,” they said. “Europe simply stops the trend of further outsourcing industrial production to third countries.” They added that the definition of “Made in EU” should include not only assembly, but also design and research and development.