Motor News

Coronavirus : EU auto industry faces unprecedented crisis, European Automobile Manufacturers’ Association (ACEA) said

“It is clear that this is the worst crisis ever to impact the automotive industry,” stated Eric-Mark Huitema, ACEA Director General. “With all manufacturing coming to a standstill and the retail network effectively closed, the jobs of some 14 million Europeans are now at stake. We call for strong and coordinated actions at national and EU level to provide immediate liquidity support for automobile companies, their suppliers and dealers.”

13.8 million Europeans work in the auto industry (directly and indirectly), accounting for 6.1% of all EU jobs. 11.4% of EU manufacturing jobs – some 3.5 million – are in the automotive sector.

Find out more:  ACEA News

 

 “It is clear that this is the worst crisis ever to impact the automotive industry,” stated Eric-Mark Huitema, ACEA Director General. “With all manufacturing coming to a standstill and the retail network effectively closed, the jobs of some 14 million Europeans are now at stake. We call for strong and coordinated actions at national and EU level to provide immediate liquidity support for automobile companies, their suppliers and dealers.”

“It is clear that this is the worst crisis ever to impact the automotive industry,” stated Eric-Mark Huitema, ACEA Director General. “With all manufacturing coming to a standstill and the retail network effectively closed, the jobs of some 14 million Europeans are now at stake. We call for strong and coordinated actions at national and EU level to provide immediate liquidity support for automobile companies, their suppliers and dealers.”