False narrative from the misers. They want the states to help them maintaining their indecent profits. I'll be very happy to see them demolished by Chinese competitors if they don't reduce car prices.
https://www.theguardian.com/business/2023/apr/20/europe-top-five-carmakers-more-than-double-profits-since-2019
Europe’s top five carmakers have more than doubled their profits since 2019 despite claiming that they cannot afford to comply with planned EU pollution rules, analysis reveals.
The European auto industry’s “big five” – BMW, Mercedes, Renault, Stellantis and Volkswagen – collectively pocketed €64bn in profits by selling fewer cars, yet at more expensive prices, according to the study by Transport and Environment (T&E), a green thinktank.
The news above is 1-year-old. Hovewer the European car market remains healthy as March 2024:
https://www.acea.auto/publication/economic-and-market-report-global-and-eu-auto-industry-full-year-2023/
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