EU car industry calls for UK exemption from 'made in Europe' manufacturing rules
By
Jasper Jolly, Lisa O’Carroll
Summary
The EU's car industry association (ACEA) is urging Brussels to grant the UK, Turkey, and Morocco exemptions from new 'made in Europe' rules under the Industrial Accelerator Act (IAA). These rules require cars and parts to be manufactured within the EU to qualify for subsidies or public procurement, threatening to shut out British manufacturers from their largest export market. The rules are designed to protect the EU's industry from Chinese competition, but critics warn they could backfire spectacularly by excluding key trading partners like the UK.
Source
bskyEU car industry calls for UK exemption from 'made in Europe' manufacturing rulestheguardian.comKey quotes
· 2 pulledThe European Automobile Manufacturers Association (Acea) on Wednesday urged Brussels to give the UK, Turkey and Morocco 'justified, targeted exemptions' to the rules
The European Commission drafted the rules under the Industrial Accelerator Act (IAA) to try to protect the EU's industry from China, whose cheap but he...
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