Franco-German discord delays EU 'Made in Europe' pact, softens 2035 ICE ban
Late-stage disagreements between France and Germany have delayed a joint EU pact on 'Made in Europe' industrial policy and car emissions. The draft pact tightens non-EU eligibility for public procurement and support while softening the 2035 combustion engine ban, signaling a shift in EU industrial and climate policy. The delay underscores intra-EU friction over protectionism and climate goals, with implications for trade and automotive sectors.
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Franco-German Compromise Reshapes EU Automotive Policy
France and Germany have reached a bilateral compromise on EU automotive policy, signaling a potential reversal of the bloc's 2035 combustion engine ban and the implementation of stricter 'Made in EU' rules. While the agreement between the two largest EU economies is confirmed, specific details and formal EU approval remain uncertain, indicating a medium confidence level in the precise policy outcomes.