(14 Oct 2024)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Paris – 14 October 2024
1. French President Emmanuel Macro visiting stands at the Paris Motor Show
2. Macron with Renault CEO, Luca de Meo
3. Macron seated inside Renault next to Luca de Meo
4. SOUNDBITE (French) Emmanuel Macron, French President:
++SOUNDBITE PARTIALLY COVERED++
"This is a difficult time because you have the contraction of the European market and a very strong competition from the Chinese and so I think it’s necessary at times like these, first of all to protect ourselves in order to make level playing fields. When certain Chinese manufacturers benefit from subsidies then it’s normal that we impose tariffs to compensate for it. If not, these aren’t level playing fields. This is what the European Commission has done and we support it."
5. SOUNDBITE (French) Emmanuel Macron, French President: ++PARTIALLY COVERED BY SHOTS 6++
"The heart of the work we must do is to continue creating jobs, to create wealth in this country and then we have a good debate about how we redistribute wealth in this country. But we are the country in the OECD that already taxes the most in spite of all the cuts we’ve made over the last seven years and when we look at things in particular compared to the United States for example, Europe’s problems are its growth and its capacity to innovate. That’s what we need to boost."
6. Various of Macron visiting stands, getting into vehicles
7. Various of Macron walking
STORYLINE:
French President Emmanuel Macro visited the Paris Motor Show on Monday, as auto manufacturers compete to persuade drivers to go electric.
The biennial show has long been a major industry showcase, tracing its history to 1898.
Chinese electric vehicle (EV) manufacturers are attending in force, despite European Union threats to punitively tax imports of their EVs in a brewing trade war with Beijing.
Long-established European manufacturers are fighting back with new efforts to win consumers who have balked at high-priced EVs.
"When certain Chinese manufacturers benefit from subsidies then it’s normal that we impose tariffs to compensate for it. If not, these aren’t level playing fields," Macron said as he toured the stands with leading auto executives.
Brussels says subsidies help Chinese companies to unfairly undercut EU industry prices, with Chinese-built electric cars jumping from 3.9% of the EV market in 2020 to 25% by September 2023.
Macron also spoke of the need to continue creating jobs in France, citing the example of the success of EV manufacturing in the country and the production of pharmaceuticals.
"When we look at things in particular compared to the United States for example, Europe’s problems are its growth and its capacity to innovate. That’s what we need to boost," he said.
AP video shot by Marine Lesprit
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