12/18/2025 | Press release | Distributed by Public on 12/18/2025 15:22
Brussels, 18 December 2025 - The European Automobile Manufacturers' Association (ACEA) regrets today's decision in the European Council to delay the vote on the ratification of the EU-Mercosur Agreement.
At a time of intense global competition, supply chain pressures and geo-political tension, European automotive OEMs look at trade agreements like Mercosur as instrumental in the race for competitiveness and resilience.
The Mercosur deal would contribute to a significant increase in vehicles exports to the region, due to the removal of tariffs of up to 35% and by addressing technical barriers to trade. Additionally, it would provide the automotive industry with an opportunity to secure diversified supply chains for key critical raw materials.
We urge the European Council to move forward with the ratification of the agreement as soon as possible, before the European Parliament can do the same. Agreements like Mercosur are not a mere trade opportunity - they are a strategic necessity for the European automotive industry.