France and Germany join forces to defend Europe’s car industry

France and Germany have reached an understanding to strengthen the position of Europe’s car industry, now squeezed by high costs, Asian competition and the move toward electrification. The goal is to ask Brussels for policies that are more favorable to manufacturers and the supply chain.

For the Italian market, this is an important development: decisions taken by the EU’s two biggest industrial powers could shape incentives, investments and the pace of the green transition across Europe.