05:38 AM EDT, 06/11/2026 (MT Newswires) -- Toyota Motor ( TM ) and other carmakers are warning that possible requirements that automobiles be assembled in Europe could weaken investment and cause job losses, ultimately making cars made in Europe even more expensive than Chinese vehicles, the Financial Times reported Thursday, citing public comments.

EU proposals call for cars used by companies and small electric vehicles to be assembled inside the 27-member bloc in order to be eligible for public contracts and subsidies, the report said.

Carmakers oppose the rules, the report said.

The FT cited Toyota ( TM ) executive Yoshihiro Nakata saying the "Made in Europe" rules could impact investment, employment, and technology sharing.

"Europe's resilience is built not only on local production, but also on working with partners to create regional scale and shared success. By working together we are all stronger," Nakata was quoted as saying at an industry event.

Toyota ( TM ) did not immediately reply to MT Newswires' request for comment.

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