Locking UK out of ‘Made in Europe’ law will ‘hurt’ carmaking across EU, says Mercedes-Benz boss
Mercedes-Benz CEO Ola Källenius warned that excluding the UK from the EU's 'Made in Europe' industrial legislation would harm the automotive industry across the bloc. He argued that such a move would weaken competitiveness against non-EU rivals like China.
Why it matters
The debate highlights the ongoing economic friction between the UK and EU post-Brexit and the challenges of regional industrial protectionism.
A production line at the Mercedes-Benz factory in Rastatt, Germany. A production line at the Mercedes-Benz factory in Rastatt, Germany. European Union Locking UK out of ‘Made in Europe’ law will ‘hurt’ carmaking across EU, says Mercedes-Benz boss Ola Källenius says it will ‘weaken the industry on both sides’ ahead of act intended to counter non-EU competition
Prefer the Guardian on Google Locking the UK out of the EU’s flagship industrial “Made in Europe” legislation would amount to a “deliberate choice” by EU leaders to “hurt” the car industry across the bloc, the head of Mercedes-Benz has said.
Speaking in his capacity as president of the European Automobile Manufacturers’ Association (ACEA), Ola Källenius said such a move would “weaken the industry on both sides”.
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