PRESS STATEMENT IG Metall on the German-French compromise regarding the EU auto package

“IG Metall welcomes the fact that an agreement has now been reached between Germany and France on the European Union’s automotive package, including future CO2 regulations and ‘Made in EU’ requirements. This sets a course that other European stakeholders can now follow. We now need swift and final decisions.

The agreement combines a sensible relaxation of CO2 regulations with requirements for European value creation (local content) in the automotive industry. All sides had to make concessions to reach a compromise here.

Companies now have planning certainty. This must now be translated into job security at German locations. Companies and managers at manufacturers and suppliers must do everything in their power to secure and strengthen German locations and prepare them for the future. The onus is now on them. For months, they have been cutting back on locations and staff while pointing the finger at politicians. Politicians have now accommodated them. Added to this are the agreed-upon import restrictions on plug-in hybrids. This lays the foundation for stabilizing the German auto industry. There are no more excuses.

IG Metall’s clear expectation is that the companies immediately cease relocating operations and cutting sites and jobs. They must invest comprehensively in German locations and ensure a bright future for the industry through innovation and new products. The employees have worked hard to earn this prospect for the future. Since some questions remain unanswered, IG Metall reserves the right to provide a detailed assessment later.”