STORY: Automakers Volkswagen, Stellantis and Renault are urging the EU to adopt a simple "Made in Europe" rule.

And stronger incentives to boost local production.

Collectively, the firms account for about 60% of Europe's car output.

In a joint letter sent to European Parliament members, seen by Reuters, the three groups called for 70% of vehicles sold in the EU...

to source 70% of their value from within the 27-country bloc...

covering the full value chain from engineering to manufacturing.

The EU has been weighing a "Made in Europe" framework as part of broader industrial policy during the shift to electrification.

And policymakers are examining local content thresholds.

As well as state support and incentives linked to regional production...

That would help strengthen supply chains and reduce reliance on imports.

VW, Stellantis and Renault said they were committed to maintaining a strong manufacturing base in Europe.

But this depended on a more realistic regulatory framework.