The Commission announced concrete actions that will be taken to help car industry
The recommendations presented on the CARS 21 report include actions such as providing EU financing for research, managing the sector's costs by applying the principles of smart regulation and supporting the internationalisation of EU industry. On the other hand, the report sets out a complete vision for the automotive industry in 2020 providing recommendations for rapid progress on important subjects such as electro-mobility or road safety.
The European Commission announced the concrete measures that will be adopted in order to help car industry. These measures are included on the CARS 21 report made by the High Level Group with the same name. The Commission will continue the dialogue with the industry and monitor the economic situation in order to translate the CARS 21 recommendations in concrete actions over the next months. In 2009, this group also presented measures to support the automotive sector in the EU.
The recommendations proposed are included in an Action Plan that will list measures to help the sector. Planned actions concern: providing EU financing for research, in particular to help the sector adapt to the technologies of tomorrow, and reinforcing EIB lending to industry; managing the sector's costs by applying the principles of smart regulation; and supporting the internationalisation of EU industry by improving market access through trade negotiations and work on regulatory and procedural convergence with the ultimate aim of achieving a worldwide car type approval. This would mean that any car produced in the world can be marketed in every country of the world.
With this Action Plan, the Commission recognises the strategic importance of the automotive industry for prosperity in Europe (12 million jobs, €92 billion trade balance, €30 billion investment in R&D). In addition, the CARS 21 report sets out a complete vision for the automotive industry in 2020 providing recommendations for rapid progress on important subjects such as electro-mobility, road safety, market access strategy and a review of the CO2 emissions from cars and vans.