EVOLUTION AND IMPACT OF IMPORTS/EXPORTS OF CARS IN EU
EVOLUTION AND IMPACT OF IMPORTS/EXPORTS OF CARS IN EU

Summary/Abstract: The European automotive industry has a reputation for delivering quality products around the globe and this industry is dynamic and competitive. High-quality products, significant investment and a highlyskilled workforce deliver exports with a €42.8 billion net trade contribution to the economy. The global framework in which vehicle manufacturers do business is increasingly important. Export growth in emerging markets like China and Russia, investment in resources abroad and the economic downturn at home reinforce the goal of trade without barriers. Global trade agreements that deliver free markets are most beneficial and The automotive sector fully supports the gradual dismantling of EU import duties, but this concession must be accompanied by equivalent opportunities abroad for European manufacturers.

• Details
• Contents