Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
Fact check: Is Europe's car industry in crisis?
euronews (in English)
Follow
14/10/2024
The plight of Europe’s automotive sector — and its impact on the economy and jobs — has become a hot political topic.
Category
🗞
News
Transcript
Display full video transcript
00:00
Is Europe's car industry in crisis?
00:08
Elected officials are raising the alarm over a slowdown in the production of cars and electric cars in Europe.
00:23
There has been a steep decline in European car production in recent years.
00:27
New EU car registrations fell progressively between 2019 and 2022,
00:34
before bouncing back in 2023 when 10.5 million new cars were produced.
00:41
But that's still lower than the 13 million produced in 2019 when the industry hit its peak.
00:48
While there are signs the sector could grow marginally again this year,
00:52
the plummeting market share of battery electric cars considered the sector's future is prompting concern.
01:00
In August 2024, registrations of electric cars dropped by 43.9% compared to the same month in 2023,
01:10
driven by an astonishing 68.8% decline in Germany.
01:16
But NGO Transport and Environment says this stagnation is to be expected
01:21
and that the EU's EV sector will grow again once the EU's CO2 emission performance standards kick in in 2025.
01:29
Today the targets have been the same as in the previous years,
01:32
so there is no incentive for carmakers to sell more electric cars.
01:36
However, this will change radically next year as there are new targets coming in
01:41
and carmakers will need to prioritise selling electric cars.
01:45
Experts say that EV production in Germany is already picking up,
01:49
signalling a potential upward trend for the whole of the EU in 2025.
01:59
For more UN videos visit www.un.org
Recommended
1:26
|
Up next
MEPs hold debate on crisis facing Europe's automotive industry
euronews (in English)
09/10/2024
1:45
'What are we going to do': French car parts workers on strike demand an EU future for their trade
euronews (in English)
23/10/2024
0:43
Europe's car sector in 'mortal danger', warns EU industry chief
AFP English
05/03/2025
2:45
Portuguese component manufacturers raise concerns over automotive industry crisis impact
euronews (in English)
20/12/2024
8:00
EU DECODED: Pros and cons of tariffs on Chinese electric vehicles
euronews (in English)
22/10/2024
1:43
Car industry crisis: Automobile workers don't believe taxing Chinese EVs is the solution
euronews (in English)
18/10/2024
2:54
Germany’s auto industry prepares for job losses in electric transition
euronews (in English)
30/10/2024
8:00
Is France’s bike industry on the road to a ‘Made in Europe’ comeback?
euronews (in English)
16/07/2021
1:33
Transition to zero-emission mobility: The EU’s plan to save Europe's car industry
euronews (in English)
05/03/2025
2:01
Journey through the European electric car crisis: The uncertain future of the Audi factory in Brussels
euronews (in English)
04/10/2024
2:29
EU Commission calls for dialogue as European automotive industry faces mounting challenges
euronews (in English)
31/01/2025
3:53
Sales of electric cars in the EU broke records in 2022. Which country in Europe is leading the way?
euronews (in English)
24/02/2023
1:30
Electric cars: Which regions in Europe have the highest density?
euronews (in English)
01/01/2025
1:02
European electric car makers fight to catch up in China
euronews (in English)
25/04/2024
0:52
Ford to cut thousands of jobs in Europe blaming poor EV sales and economy
euronews (in English)
20/11/2024
2:38
Auto Workers Strike Threatens Biden's Green Coalition
TIME
15/09/2023
1:00
‘Working class won’t be able to drive!’: Will Londoners get Electric vehicles?
National World - LocalTV
14/03/2025
2:29
More job cuts on the way as German economy struggles to recover
euronews (in English)
06/09/2024
2:58
EU car and steel industries call to avoid 'Trump's tariffs'
euronews (in English)
06/11/2024
1:16
Tesla's Cybercab goes on display in Berlin
Diario As
20/11/2024
1:46
Europe's carmakers 'tricking' drivers on fuel efficiency, new report claims
euronews (in English)
28/09/2015
1:53
Everything we know about the EU inquiry into Chinese electric cars
euronews (in English)
14/09/2023
1:41
Boys and Coach Rescued from Cave in Thailand
i24NEWS (English)
11/07/2018
56:05
Syrian Civil War Anniversary Special
i24NEWS (English)
15/03/2018
10:00
TRENDING | Bruno Mars steals the show at the Grammys | Monday, January 29th 2018
i24NEWS (English)
29/01/2018