Europe’s automotive industry is under growing pressure from China. European automakers are steadily losing market share to Chinese vehicle manufacturers and, in some cases, reporting significant financial losses. Europe’s political leadership should have anticipated this challenge and adopted policies to strengthen and protect the continent’s domestic auto sector. 

For decades, European automakers dominated global markets through engineering excellence, powerful brands, and mastery of the internal combustion engine. That era is now under grave threat.

Chinese car manufacturers have rapidly evolved from niche exporters into major competitors in Europe. Today, Chinese vehicle brands account for roughly 10% of the European car market, up from just 3% two years ago. That increase represents one of the fastest market share shifts in the modern automotive industry. European automakers are feeling the consequences. Stellantis, the owner of iconic brands such as Fiat, Peugeot, and Maserati, recently reported a staggering $26 billion loss. Mercedes-Benz, long synonymous with European automotive luxury, is also experiencing declining sales across the continent. The trend is unmistakable:........

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