European automakers Volkswagen, Stellantis, and Renault are positioning themselves as a unified force in lobbying the European Union, pushing for stronger policies on local production requirements and incentives for small-car manufacturing amid rising competition from Chinese automakers. The move reflects concerns over market share as global rivals expand their presence in Europe. Industry observers suggest the alliance could shape future automotive regulations, potentially favoring European manufacturers. The focus on local content and small-car credits signals a strategic response to shifting dynamics in the automotive sector.
Volkswagen CEO Oliver Blume said VW, Stellantis and Renault are acting as Europe's "Big 3," pressing EU lawmakers on local content and small-car credits as Chinese rivals gain ground.
