Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-537-990"

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"en.20121023.45.2-537-990"2
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"The crisis is hitting the motor vehicle sector hard. The second quarter of 2009 saw a 39.5 % drop in the total number of vehicles manufactured in the EU in relation to the previous year, so the main European manufacturers, and their suppliers, are experiencing enormous difficulties. The French car industry is particularly affected by the crisis because it has experienced a bigger drop in competitiveness than other European countries, and this situation forced PSA Peugeot Citroën to make more than 2 000 people redundant in various regions. To help them, France requested assistance from the European Globalisation Adjustment Fund, which may be mobilised in the event of redundancies linked to the economic and financial crisis. With my vote for this resolution, I am calling for EUR 11.9 million to be released to help the PSA Peugeot Citroën employees who lost their jobs. Although this aid is essential – and I welcome the adoption of this resolution – the problem of the competitiveness of the French and European car sector has yet to be tackled. The solution has to be greater investment in research and development in order to steer production towards the cars of the future."@en1

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