The automotive industry is a major pillar of the modern global economy and Europe is one of the key players. It has a unique role to play in Europe in - ployment, manufacturing, R&D, transportation and investment, and there are crucial challenges and opportunities ahead. We shed light on a broad range of issues - globalisation and restructuring, trade and foreign direct investment (no- bly in China and Russia), innovation, regulation, and industry policy - and put a special focus on the new member states. While change may be inevitable, progress is not. This book shall serve as a map to all...