01/09/2026 | News release | Distributed by Public on 01/09/2026 06:21
Brussels, 9 January 2026 - The European Automobile Manufacturers' Association (ACEA) warmly welcomes the vote in the European Council today in favour of signing the trade agreement between the EU and Mercosur.
The expression of support by member states for this deal is a landmark moment and a clear signal that Europe wants to maintain a strong, open and trade-focused economy.
The agreement will very significantly reduce the tariffs on EU-made passenger cars (currently up to 35%), address technical barriers to trade, and strengthen supply chains for critical raw materials. With this agreement, the EU's automotive industry's global competitiveness and resilience will be strengthened.
ACEA now urges policymakers in the European Parliament to swiftly ratify the agreement in order for all sectors involved to benefit quickly from the commercial and strategic benefits of the agreement.