Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-25-Speech-3-265"

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"en.20090325.24.3-265"2
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"The automotive industry has found itself in an exceptionally difficult situation because of the current economic crisis. Forecasts for this year are not optimistic either. They point to a further fall in sales of new cars. The European Commission and European Parliament think that industry should manage largely by itself in the crisis. In particular, it is industry which has to find an answer to the structural problems connected with efficiency of production and the use of production power, so as to improve competitiveness and stability in the long term. Action taken by the EU and Member States can only support action taken by the producers themselves. This is true in particular of measures which are intended to restore access to finance on reasonable conditions, to stimulate demand for new vehicles, to maintain standards of qualification and protect jobs, and to minimalise social costs. A number of countries have adopted plans to help the automotive sector, but as the Commission has observed, these plans must be in accord with EU law and prevailing principles on competition, and in particular with the principles for awarding state aid, in order not to disrupt the functioning of the European internal market. All measures related to financing, taxation or scrapping must in addition support and accelerate essential technological transformations in the sector, especially in the area of fuel efficiency of engines and reduction of emissions."@en1

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