Uncertain trade environment plunges Europe’s auto industry into deepening crisis

Europe’s auto industry faces a crisis due to stuttering sales, high energy prices, global competition, and an uncertain regulatory and trade environment, Euronews writes.

As EU industry chief Stéphane Séjourné said recently in his stark warning, Europe’s auto industry is “in mortal danger”.

To address the most pressing challenges, EU Commission President Ursula von der Leyen will host senior automotive executives in Brussels on Friday for crash talks.

It’s the third and final crisis meeting of its kind this year, part of what the Commission has billed the “Strategic Dialogue on the Future of the Automotive Industry.”