Overview

• European vehicle sales have declined for five consecutive years, dropping from 18 million in 2019 to 15 million in 2024, with further reductions projected if trends persist.
• Stellantis and Renault, which together account for 30% of the European market, demand differentiated regulations for small cars to address affordability and competitiveness challenges.
• The automakers criticize EU rules for increasing costs, complexity, and weight of vehicles, attributing 92.5% of a 40% price hike for a Renault Clio between 2015 and 2030 to regulatory factors.
• John Elkann and Luca de Meo warn that without regulatory changes, painful production decisions will be necessary within three years, threatening the European auto sector's viability.
• The CEOs call for a unified regulatory framework, including a single point of contact at the European Commission, to resolve conflicting policies and streamline compliance.