Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-19-Speech-3-049"

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"Madam President, Mr President-in-Office of the Council, Commissioner, ladies and gentlemen, this has already been said several times. The automotive industry, directly or indirectly, accounts for 12 million jobs within the European Union. That represents 10% of European GDP. The automotive industry is today facing a serious crisis: the European market has fallen by around 15%. This decline could reach 17% to 20% for the final quarters of 2008. Manufacturers’ results are falling. In this context, the lack of funds is the primary danger facing this industry. Consequently, the manufacturers are cutting production and trying to reduce structural costs. Jobs become the first victims of the crisis. As you said, Mr President, faced with this crisis, what is needed is a coordinated response from Europe and the Member States, especially those directly concerned. The financial support of the EIB that is planned is necessary. Of course, I endorse your proposals. Firstly, we must support investment, particularly for the design and development of clean vehicles and the development of hybrid and electric vehicles. We must also support the market through financial incentives to renew those cars on the road. As the Commissioner said, old cars account for a significant part of the pollution generated by cars as a whole. However, we must also set up a stable and ambitious but realistic regulatory framework. The objectives for reducing CO emissions must be upheld, manufacturers have devoted – and are still devoting – large amounts to this, but realism must plead in favour of restraint in the fines imposed for failing to achieve the objectives. Excessive fines would eliminate general manufacturers. Let us not forget that the automotive industry is the industry hit by the toughest ecological requirements. Finally, in the current circumstances, it would be detrimental to the manufacturers to undermine the protection covering external bodywork parts."@en1
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