Europe’s car industry hoards funds and delays climate action Despite claims of crisis, Europe’s car industry remains profitable, powerful, and politically influential. Yet EU industrial policy continues to prioritise carmakers with subsidies and lenient regulations, undermining climate goals and delaying a fair transition to sustainable mobility. Drawing on an analysis of financial data covering the […]| SOMO
A new SOMO study shows that Europe’s carmakers are neither in crisis nor needs urgent state support. They flourish instead.| iNSnet