Europe in auto industry crisis talks | Bangkok Post: breakingnews

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Europe in auto industry crisis talks

As Europe's once powerful auto sector struggles against falling sales, EU industry commmissioner Antonio Tajani on Thursday said ministers will draw up plans by December 10 to save their carmakers.

"It is the European Commission's duty to prevent carmakers from leaving the Union,'' said Tajani after the loss of thousands of jobs in recent weeks at Ford plants and France's Peugeot Citroen.

"Each closure of a plant is like an injury,'' he added. "If we don't act, we risk facing a plant closure a month.''

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  • robins

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    Discussion 1 : 09 Nov 2012 at 06.301

    The EU harasses car owners in almost every way possible. Gas prices and taxes for cars are ridiculous, environmental and safety fanatics add greatly to the price of cars and stigmatize those who use them, and cities like London charge massive fees for drivers bringing their already highly taxed vehicles into the City. Should the car makers problems in Europe be a surprise to anyone?

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