Leading European automakers – Volkswagen, Stellantis, and Renault – have jointly called on the European Union to establish new “Made in Europe” regulations. The companies argue that clear rules are needed to guarantee a certain level of local value creation within the automotive industry. This request aims to strengthen the European automotive sector’s resilience and competitiveness. The automakers believe defined criteria for local content will help ensure that a significant portion of vehicle components and production remain within Europe. The initiative responds to concerns about increasing global competition and supply chain vulnerabilities. The companies have formally submitted their proposal to EU officials, seeking a policy framework to support European manufacturing and jobs. This move signals a proactive effort to shape future EU industrial policy.
