Europe’s Carmakers Need Electric Government Subsidy – ACEA. “Mobility must remain affordable. That is why we governments should put in place more meaningful and sustainable incentive schemes to stimulate sales EU-wide,” Europe’s carmakers, spooked by the imminent mortal threat to profits from European Union (EU) regulations to curb carbon dioxide (CO2) emissions, called for governments […]
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As ACEA Cries Foul, Hyundai, Kia Report Spectacular Profits
E.U./Korea Free Trade Agreement Must Be Changed Says ACEA No Reciprocity With South Korean Market As Europe’s car manufacturers protested easing the taxes on South Korean imports, Hyundai announced spectacular global profits, with more to come. The European Commission has signed a free-trade agreement with South Korea, and the European Car Makers Association (ACEA) has […]