ACEA Calls for Swift EU-US Trade Agreement as Car Exports Soar to €31 Billion

The European Automobile Manufacturers' Association (ACEA) has urged the swift conclusion of negotiations for the EU-US trade pact in light of the upcoming trilogue sessions on May 6. The organization believes that an expedited deal will significantly boost European vehicle exports.

ACEA expressed its appreciation for the substantial backing from the European Parliament and acknowledges the constructive participation of the Council of the European Union. It underscored the importance of finalizing the agreement promptly to provide clarity to the automotive sector and enable firms to gain maximum advantage from the arrangement.

The US stands as the second-largest export destination for European automobiles, trailing only the UK. In 2025, it accounted for 18.4% of all EU car exports. Around 670,000 new cars were exported from the EU to the US, amassing a total worth of €31 billion.

Furthermore, the report pointed to an uptick in clean vehicle exports, with battery electric vehicles representing 12% of the total shipments to the US in 2025. This equates to 80,205 electric vehicles exported, valued at nearly €4 billion.

ACEA highlighted that European auto manufacturers produce approximately 830,000 units annually in the US. Roughly 50% to 60% of these vehicles are exported to other regions, with many returning to the EU. This underscores the significance of maintaining stable trade relations between both areas.

The European automotive sector is pivotal to the economy, supporting around 13.6 million jobs, which constitutes 8.1% of the total manufacturing workforce in the EU. It contributes over 8% to the EU's GDP, boasts a trade surplus of €93.9 billion, and invests €84.6 billion annually in R&D.

ACEA has called on the European Parliament and Council to collaborate and reach a swift agreement. A timely trade deal will enhance the global competitiveness of Europe's automotive industry.