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, “Zappenduster”: BMW works council chief warns: Massive job cuts through Euro 7 standard – BMW share easier | message, Forex-News, Forex-News
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“Zappenduster”: BMW works council chief warns: Massive job cuts through Euro 7 standard – BMW share easier | message

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, “Zappenduster”: BMW works council chief warns: Massive job cuts through Euro 7 standard – BMW share easier | message, Forex-News, Forex-News


, “Zappenduster”: BMW works council chief warns: Massive job cuts through Euro 7 standard – BMW share easier | message, Forex-News, Forex-News

“We will experience unemployment as we have never had it before. If the politicians pull the lever here, it will be very dark in Germany,” said Schoch on Thursday evening in Munich at a forum of the automobile club in Germany.

He is afraid that Berlin and Brussels will only see the issue of climate. The consequences for jobs, prosperity and individual mobility would be ignored. “I warn politicians to approach the issue of climate one-dimensionally and to gamble with prosperity in Germany,” said the BMW works council chairman.

The Euro 7 standard planned by the EU Commission is de facto a ban on combustion engines. Then not only would many supplier companies be out of the window: “That would make a lot of noise when it comes to jobs that Germany has never seen before.” Around five million jobs are directly or indirectly dependent on the auto industry. “What I experience in Brussels is just forbid, forbid, forbid”, criticized Schoch. China, on the other hand, is doing industrial policy and is investing heavily in new technologies.

The president of the Association of the Automotive Industry (VDA), Hildegard Mller, rejected the EU proposals as unrealistic. Not everyone can get a new one right away Electric car and there is also a lack of charging infrastructure. “I have the impression that our concerns are shared by the federal government,” said Mller.

FDP leader Christian Lindner said that if even the Federal Environment Ministry now conceded that the requirements of Euro-7 were physically not achievable, that would be a step in the right direction. The VDA wants to sell new cars – but it would be much easier to soon have the millions of cars with combustion engines on the streets run on climate-neutral synthetic fuels, for example made with solar power. The EU is setting wrong incentives because it excludes e-fuels and privileges battery-powered cars.

The BMW share temporarily loses 0.46 percent to 71.17 euros in XETRA trading.

/ rol / DP / he

MNCHEN (dpa-AFX)

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, “Zappenduster”: BMW works council chief warns: Massive job cuts through Euro 7 standard – BMW share easier | message, Forex-News, Forex-News

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, “Zappenduster”: BMW works council chief warns: Massive job cuts through Euro 7 standard – BMW share easier | message, Forex-News, Forex-News

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