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Press conference by Antonio Tajani on the adoption of “CARS 2020: Action Plan for a competitive and sustainable automotive industry in Europe”

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On 8 November 2012, Antonio Tajani, Vice-President of the EC in charge of Industry and Entrepreneurship, gave a press conference in Brussels and unveiled the “CARS 2020: Action Plan for a competitive and sustainable automotive industry in Europe”, laying out a number of financing mechanisms for the auto sector. The European Commission aims to support the automotive sector in dealing with current adverse economic situation in Europe, and ensure the industry’s competitiveness and sustainability by 2020. In parallel, the Commission also proposed to address the immediate problems in the car sector. In response to a fall in demand on European car markets and plant closure announcements, the Commission will in November bring together car producers and trade union representatives and Ministers of Industry ahead the next Competitiveness Council to review measures for dealing with the present crisis in a co-ordinated way. The EU plan follows a series of recent closures of automotive factories across Europe, such as Ford plants in Genk (Belgium) and Southampton (UK).
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Type: EbS   Reference: 89313   Date: 08/11/2012   Duration: 00:43:12
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