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Euronews
Euronews
Stefan Grobe

Crash or rescue: European carmakers look to EU for salvation

Europe's car industry is “in mortal danger”, EU industry chief Stéphane Séjourné said a few months back, not mincing his words.

Stuttering sales, high energy prices, growing global competition and an uncertain regulatory and trade environment have plunged the sector into a spiralling crisis.

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