EU Must Step up and Coordinate Support Measures for the European Economy and Automotive Industry
added: 2009-02-12
The European automotive manufacturers urge the EU to intensify and coordinate efforts to restore the functioning of the financial market and overcome the current crisis. The vehicle industry, in particular, needs significantly broader and quicker access to financial support through the European Investment Bank as part of a broader set of measures to survive the economic turmoil, ensuring innovations in low-carbon technologies and maintaining the high-skilled workforce Europe needs.