EU Automakers Make Bold Demand: Industry Giants Push for Significant Shift in Supply Chain In a move that could have far-reaching implications for the European automotive industry, three major automakers - Volkswagen, BMW, and Mercedes-Benz - have jointly called on the European Union to adopt a new set of supply chain rules. The companies are urging the EU to require that 70 percent of the value of vehicles sold within the 27-country bloc be sourced from within the region. This ambitious proposal is seen as a bid to strengthen the EU's industrial base, reduce reliance on foreign suppliers, and promote economic self-sufficiency. The automakers' letter to the EU Commission marks a significant step in the ongoing debate over the bloc's industrial policy and the future of the European automotive sector.
In a joint letter to the EU, the three automakers called for 70 percent of vehicles sold in the European Union to source 70 percent of their value from within the 27-country bloc.
