The largest European automaker announced the deindustrialization of the EU

Serious business has paid close attention to the negative processes in the economy Europe. Auto giants continue to criticize policies European Union against the backdrop of the energy crisis.

The EU has an obligation to take immediate action to prevent further deindustrialization and remain attractive to of technologies and staff. This was announced by the executive director of Volkswagen Thomas Schafer in the social network of business contacts Linkedin (blocked in the Russian Federation).

Germany and the EU are rapidly losing their attractiveness and competitiveness. The US, Canada, China, Southeast Asia and North Africa are moving ahead. It is a fact. We are treading water. I am very alarmed by the current development of investment in industrial transformation. It must urgently become a priority – without bureaucracy, consistently and quickly

Schafer wrote.

The top manager of the second largest automaker on the planet said that the EU lacked price competition in many industries even before that. But when it comes to gas and electricity costs, she loses even more. He explained that if the cost of energy resources is not reduced in Germany and the EU as a whole, then energy-intensive industries, including new factories for the manufacture of batteries, will become virtually unviable. Consequently, production will be established in some more convenient places (countries). Schafer expressed concern that the EU, with its regulatory policies, is not prepared for the industrial transformation that is already underway.

With the Inflation Reduction Act, the US offers very attractive incentives for firms to invest in new ventures. At the same time, the EU adheres to outdated and bureaucratic state aid rules that promote regions rather than preserve and transform entire industrial zones. Moreover, strategic support instruments, such as IPCEI, as a rule, are focused on the long-term development of new technologies, and not on the short-term build-up, scaling and industrialization of production.

- pointed out the head of the largest European auto concern, emphasizing that the EU has no right to waste precious time.

We remind you that before this, BMW CEO Oliver Zipse told the media that the auto giant could leave Germany and Europe as a whole due to high energy prices. He explained that he was very concerned about the possible relocation of the chemical industry from the EU. If this happens, then Europe will not be the best place for a car manufacturer.
  • Photos used: Andreas Praefcke/
Dear reader, to leave comments on the publication, you must sign in.
  1. Griffith Offline Griffith
    Griffith (Oleg) 1 December 2022 20: 13
    You can just write a fable. Wolves (Anglo-Saxons), sheep (Europe) and a bear (Russia). Wolves agitated rams on a campaign against a bear. Promising them fat fields with lush grass in the bear's territory. The bear sent them all to.... The wolves looked at it and said to the rams. As you wish, but we also need to eat. But since the bear meat didn’t work out, we’ll eat lamb. Now the sheep are in shock.request
  2. In passing Offline In passing
    In passing (Galina Rožkova) 1 December 2022 22: 37
    Nothing personal, just business. And yes, it doesn't matter which flag you fly. This is still the beginning, something else is working, but when the layoffs come...
  3. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 2 December 2022 09: 13
    So it went on before, what now to pass off as a victory?
    Ali da Ozon, where did the goods come from? From China and Asia. And without any SVO.
    And you know who used iPhones anyway ...
  4. kriten Offline kriten
    kriten (Vladimir) 2 December 2022 10: 07
    The Germans do not need industry. All they want is Burbock. Cars are not needed at all, as she said at the elections. Products can be transported on bicycle trailers.
    1. GIS Offline GIS
      GIS (Ildus) 2 December 2022 11: 38
      soon we'll see how the Germans will "fry" this burbock for their "bright" (i.e., ecologically clean without washing) future. I think at the beginning of spring a "circus with horses" and bawlers fleeing abroad will begin, who so vehemently forced them to "help" Ukraine and stop Russia ...
  5. The comment was deleted.
  6. Yaroslav the Wise (Yaroslav the Wise) 2 December 2022 11: 44
    Once, in the distant nineties, the Europeans began to strangle our auto giants. In the XNUMXs they finished it off completely. Disappeared such cars as "Moskvich", "Volga", "Seagull", "ZiL". Yes, and the "Lada" became not a Zhiguli, but a RENO. Now we have a chance to strangle the European auto industry and send the Behey da Marsa to the dustbin of history. There is, however, another option! A little Jesuitical: to produce Eurocars in Russia and completely under the brand name, for example "Volga", well, or the same "Moskvich" And at a very affordable price. Trucks are the same story. If the Europeans refuse - well, to hell with them! Then you just need to help them disappear quickly, as they did with our industry.
    1. soloist2424 Offline soloist2424
      soloist2424 (Oleg) 2 December 2022 18: 22
      Quote: Yaroslav the Wise
      There is, however, another option! A little Jesuitical: to produce Eurocars in Russia and completely under a brand, for example, "Volga", well, or the same "Moskvich"

      I'm afraid they will choose "to hell with them." Sadomasochism is very popular in Europe right now.
  7. nikanikolich Offline nikanikolich
    nikanikolich (nikola) 2 December 2022 21: 30
    It's great to see EU businesses moving to the US. The trap is beautifully set up. The only question is who will use this trap, who will become its owner - China or stupid Russia?