EU's ban on incinerators jeopardizes employment for hundreds of thousands, according to Söder
The German automotive industry is on the brink of a significant transformation, as it grapples with a sales slump, competition from China, and a trade dispute with the US. Amidst these challenges, the industry is also embracing e-mobility as the future, according to Volkswagen CEO Oliver Blume.
In a move to secure the future of the industry, Federal Chancellor Friedrich Merz (CDU) has announced a dialogue with German carmakers and their suppliers. This conversation, set to take place during the IAA Mobility 2025 in Munich in September, is expected to be a pivotal event in shaping the industry's future.
Mercedes CEO Ola Källenius echoes this sentiment, stating that the current point decisively influences the future of the industry, its jobs, and the competitiveness of Germany and Europe. The CSU Leader, Markus Söder, shares this concern, emphasising the importance of the German auto industry to the country's economy, stating that without cars, there is a risk of collapse for the German economy.
Söder has called for the scrapping of the EU-wide ban on new cars with internal combustion engines, currently planned for 2035, arguing that it threatens hundreds of thousands of jobs in the German industry. He believes that the internal combustion engine has a future with e-fuels and new technologies.
Söder's demand is part of a ten-point plan he has reportedly drafted ahead of the International Automobile Show IAA Mobility in Munich. The plan includes the revision of CO2 savings targets, expansion of charging infrastructure, strengthening of the supply industry, development of autonomous driving, and reduction of driving license costs.
VW CEO Oliver Blume welcomes the government's initiative for an automobile summit, expressing his support for the dialogue. The German auto industry is transitioning to e-mobility, and Blume's statement underscores the industry's readiness to engage in discussions about its future.
The dialogue follows the latest coalition summit and comes at a crucial time for the German auto industry. As it navigates through challenging times, the industry is demonstrating resilience and a willingness to adapt to the changing landscape of the automotive world. The upcoming IAA Mobility 2025 promises to be a significant event in the industry's journey towards a sustainable and competitive future.
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