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VW, Stellantis and Renault align as Europe's 'Big 3'
Original: Why VW, Stellantis and Renault are teaming up as Europe’s ‘Big 3’
Volkswagen, Stellantis and Renault are being described as Europe's 'Big 3' carmakers, coordinating positions as the European auto industry faces pressure from cheap Chinese competition, tightening emissions rules and the costly shift to electric vehicles. Reports suggest the three groups are aligning on lobbying and strategy to defend the European market and shape EU industrial policy in their favour.
Why now: Europe's largest carmakers coordinating strategy amid Chinese competition and EU emissions rules is a major shift for the industry.
VolkswagenStellantisRenaultEuropean Union
Evidence
- Why VW, Stellantis and Renault are teaming up as Europe’s ‘Big 3’ · Automotive News
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