Amid widespread discourse on the auto industry's supposed downturn, evidence suggests a different reality—robust profits, according to William Todts of T&E. This development underscores the resilience and innovation of carmakers in the face of increasing EU regulations. Critics argue that portraying the industry as a victim of bureaucratic overreach undermines its achievements and the benefits it brings to economies worldwide.
Automotive Industry Thrives Despite Regulatory Challenges, Reports NGO
All Versions
Jan-29
Auto
Score: 0.30
“The car lobby has created this whole narrative that they are in crisis and that the EU is to blame for that. This is a complete fabrication,” said William Todts of T&E. The post What auto crisis? Carmakers are still making billions, NGO boss says appeared fi…
From EURACTIV
Jan-29
Auto
Left Variant
Score: 0.20
In an era of environmental degradation, carmakers continue to prioritize profit over planet, with recent reports unveiling their vast earnings amidst alleged crisis claims. According to environmental advocate William Todts of T&E, the narrative of an auto industry in peril, supposedly due to EU regulations, is nothing but a stratagem to overshadow their substantial profits and dodge responsibility for their environmental impact.
From EURACTIV