Post by : Badri Ariffin

The European Automobile Manufacturers’ Association (ACEA) has emphasized the necessity of promptly concluding negotiations regarding the EU-US trade agreement prior to the trilogue meetings scheduled for May 6. The organization believes that a swift agreement can yield significant advantages for European car exports.

ACEA has acknowledged the robust political backing from the European Parliament and praised the proactive role of the Council of the European Union. The association underlined the importance of finalizing the deal on time to provide clarity for the automotive sector and allow companies to maximize benefits from the agreement.

The United States stands as the second-largest market for European car exports, following the United Kingdom. In 2025, it constituted 18.4% of total EU car exports, with approximately 670,000 new vehicles shipped to the US, totaling a value of €31 billion.

The report also noted a positive trend in clean vehicle exports, with battery electric vehicles accounting for 12% of exports to the US in 2025, amounting to 80,205 electric cars valued at nearly €4 billion.

Additionally, ACEA highlighted that European car manufacturers produce around 830,000 vehicles annually in the United States, with about 50% to 60% of these going to other markets, including some shipping back to the EU. This emphasizes the significance of stable trade relations between the two regions.

The European automotive sector continues to be a vital component of the economy. It supports approximately 13.6 million jobs, representing 8.1% of total manufacturing employment in the EU. The sector contributes more than 8% to the EU’s GDP, generates a trade surplus of €93.9 billion, and annually invests €84.6 billion in research and development.

ACEA urged collaborative efforts from the European Parliament and the Council to expedite an agreement. It asserted that a timely resolution would bolster the global competitiveness of Europe’s automotive industry.

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