Frankfurt, 12 June 2026 – Regarding today’s meeting of the Economic and Financial Affairs Council, which is seeking to expand the CBAM, VDMA Executive Director Thilo Brodtmann says:

• “The EU must not extend the European Carbon Border Adjustment Mechanism (CBAM) any further, as this would force machinery companies to relocate their production outside Europe. Extending the CBAM would drive up costs for industry and increase the pressure on companies that are already under severe strain due to the global economic situation.”

Frankfurt, 10 June 2026 – Commenting on the trilogue agreement on the EU Defence Readiness Omnibus VDMA Executive Director Thilo Brodtmann says:

• “With the political agreement on the EU Defence Readiness Omnibus, the EU is sending an important signal to the European machinery industry as well. Greater speed, simplification and scalability are crucial to advancing the development of European security as quickly and efficiently as possible.”

Last year, carVertical, an automotive data company, increased its revenue by 40% from €53.9 million in 2024 to €75.8 million in 2025. This growth reflects the company’s ongoing expansion across both established and emerging markets, as well as key product improvements and new strategic partnerships established throughout the year.

2 June 2025 - Guimarães, Portugal

Only a few months before the application of the EU Deforestation Regulation on 30 December 2026, the undersigned associations, committed to fighting deforestation and supporting a workable implementation of the EUDR requirements, reiterate their call for addressing the remaining flaws, gaps and artificial constraints affecting the functioning of the Information System.