Sales

Europe's automakers scrap growth hopes, ask policymakers for aid

BMW Zipse
BMW CEO Oliver Zipse said automakers need EU help to ensure strategic access to the raw materials needed for e-mobility, and an accelerated roll-out of charging infrastructure. (Chris Ratcliffe/Bloomberg)
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By:
Bloomberg
October 07, 2022 08:24 AM

Europe’s automakers warned they are likely headed for another year of shrinking sales and called for policymakers to step up their support of the industry struggling to recover from the pandemic.

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