**Article:**
Europe’s automotive sector is facing significant challenges as competition from Chinese manufacturers puts pressure on local companies’ profitability. Xavier Chardon, CEO of Citroën, emphasized in an interview with Euronews that while the European Union is responding to concerns from its carmakers by easing certain emissions regulations, this move represents only the beginning of necessary changes.
Chardon highlighted that the current regulatory adjustments are insufficient to ensure the long-term competitiveness of European automakers. He called for more comprehensive and bold measures to support the industry’s transition and maintain its global standing amid increasing international competition.
**Why this matters**
The European car industry is a major contributor to the region’s economy and employment. Adjustments to emissions policies could influence the sector’s ability to innovate and compete globally, particularly against rising Chinese manufacturers. How the EU balances environmental goals with industrial competitiveness will shape the future of European carmaking.
Source: NewsData