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07 Oct
14:28

European auto industry calls for urgent policy intervention

The European automotive industry is calling for an urgent policy framework to enable the EU car market to both recover and make the shift to zero-emissions, Kallanish reports. Trade body ACEA said Friday it has revised its initial forecast that the EU car market would return to growth in 2022. It now expects a 1% retraction year-on-year to 9.6 million units. Despite the symbolic change, manufacturers are pointing out this volume is still 26% lower than the pre-pa…
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