07/01/2026 | Press release | Distributed by Public on 07/01/2026 02:10
Brussels, 1 July 2026 - The European Automobile Manufacturers' Association (ACEA) today published its position on the Industrial Accelerator Act (IAA), reaffirming the industry's support for the objectives of the proposal to safeguard EU manufacturing and reduce dependence on other regions for clean technologies.
As negotiations enter a critical phase, ACEA's paper sets out the automotive industry's recommendations to ensure the legislation strengthens Europe's industrial base while supporting competitiveness. This comes at a time when the sector is facing mounting economic, competitive and geopolitical pressures, and needs a framework that supports, rather than hinders, its transition.
"The risk of hollowing out the EU industrial base is real, and smart, targeted measures to support homegrown manufacturing are justified. But the scale of the challenge facing our sector must not be underestimated," stated Sigrid de Vries, Director General of ACEA. "The industry is facing a shrinking EU market, fierce competition, geopolitical instability, rising manufacturing costs and increasing regulatory requirements, while investing billions in electrification to meet ambitious 2030 targets. With a number of important tweaks, the Industrial Accelerator Act can become a catalyst for industrial strength. Importantly, the Act must also be firmly embedded in a comprehensive industrial policy," added De Vries.
A more effective approach for the Industrial Accelerator Act for the automotive sector should focus on:
You can read the full paper here: http://www.acea.auto/files/ACEA-position-on-Industrial-Accelerator-Act-IAA.pdf