ACEA — 2025-04-07
News from Brussels
The European Automobile Manufacturers’ Association (ACEA) urges the European Commission to seek a constructive, negotiated resolution with the United States and avoid countermeasures that risk damaging European competitiveness.
In a high-level meeting with European Commission President Ursula von der Leyen, industry leaders, including the heads of BMW, Daimler Trucks, IVECO, Mercedes-Benz, Scania, Stellantis, and Volkswagen, discussed the far-reaching impact of recent US tariffs on European automotive, steel and aluminium exports.
With up to €67 billion of EU automotive industry exports affected and a total estimated cost of €80 billion from the automotive and reciprocal tariffs combined, ACEA underscored the urgent need for transatlantic cooperation to avoid further escalation and long-term harm to both economies.
“The ongoing volatility of global markets is only increasing trade barriers and costs for businesses. Tariffs do nothing but raise prices for consumers across Europe, the United States, and the wider world,” said Sigrid de Vries, Director General of ACEA. “Not only is it essential that European and American leaders urgently find a solution to the ongoing trade conflict, but it is imperative that the European institutions actively implement the Automotive Action Plan, to enhance competitiveness, reduce costs, alleviate the regulatory burden, and strengthen European manufacturing.”