HomeEconomicGerman auto industry calls on Europe to follow U.S. green subsidies

German auto industry calls on Europe to follow U.S. green subsidies


Patricia Nielsen reports from Frankfurt

The German auto industry has called on Europe to introduce a US-style green subsidy system to ensure the industry’s future position in Europe.

Hildegard Müller, president of the lobby group VDA, called on the EU and the German government on Wednesday to ensure that policies aimed at protecting the environment also preserve the competitiveness of European industry .

“The U.S. has recognized that they have to do something for their (countries) – Germany and Europe have to do the same,” she said, referring to the U.S.’s Lower Inflation Act (I…

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