Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-24-Speech-2-440"
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"en.20090324.32.2-440"2
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"The distinctive characteristics of production and marketing mean that any downturn in the European automotive industry has an effect on other sectors in every Member State.
In addition to the fall in demand due to the economic crisis and the liquidity problems resulting from the financial crisis, the automotive industry is also struggling with long-term structural problems: high fixed costs, oversupply and price competition have meant that many car manufacturers had already begun to focus on cutting costs and increasing internal efficiency.
The situation is not expected to improve in the near future, yet over the long term the car industry has promising global prospects, and for this reason it is especially important for the EU car industry to be able to survive this setback and be ready to take advantage of opportunities when demand begins to increase once again.
To this end, it is indispensable that consumer expectations be met and that more environmentally friendly, safer and smarter vehicles be designed.
The primary responsibility for handling the crisis rests on the industry itself. The EU and Member States can contribute to this by helping to create appropriate conditions and suitable prerequisites for competition. Targeted and temporary state aid at EU and national levels can supplement the efforts of the sector to survive the crisis, and can help mitigate the negative effects of the impending restructuring on employment. The latter must be the subject of particular attention at both national and EU levels."@en1
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