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The article does not provide any additional background information about Aumovio or the Industrial Accelerator Act.
The head of the automotive supplier Aumovio, Philipp von Hirschheydt, is calling for the EU's requirements for safety assistants in cars to be relaxed. "I support the argument that we in Europe have to think about what is really necessary in terms of driving safety and what is an option for the premium class. This could make individual mobility easier to finance for many people again," he told WELT AM SONNTAG.
However, that alone is not enough. "Good offers from automobile manufacturers can drive demand - within limits. But the most important point is that we create economic growth in Europe again. The essential task is to increase the competitiveness of the continent. Only then will the automobile market as a whole grow significantly again."
"I am convinced that it is high time to take action. For example, Europe must quickly implement the Industrial Accelerator Act. If that doesn't happen, the industry will go even further downhill. We have to create an environment again in which companies can be successful," said von Hirschheydt.

Wall Street closed mostly in the red on Friday, weighed down by the crisis at Nvidia, interest rate fears and a nationwide flight ban by the FAA. The Dow Jones remained almost unchanged at 52,347 points, while the S&P 500 fell 0.4 percent to 7561 and the Nasdaq fell 0.9 percent to 25,136 points. However, on a weekly basis, the major indices posted gains, ending a four-week losing streak.

Weekly calendar of the most important economic, stock market and economic events from November 16th to 22nd, 2026, including company balance sheets, ECB speeches and economic data.

Anthropic, the developer of Claude, is going public. Supply is tight, the valuation of over $1.4 trillion is controversial, and private investors can get involved. Historical data suggests a first-day share price rise, but warns of long-term risks from dilution.

The DAX closed on Friday at 26,749.95 points, slightly in the red at minus 0.08 percent, after exceeding the 27,000 point mark for the first time on Thursday. On a weekly basis, the index gained 4.2 percent. US technology and semiconductor stocks including Nvidia and AMD came under pressure, as did Rheinmetall, which fell to its lowest level since February 2025.

BMW allows other car manufacturers to offset their CO₂ emissions from 2025 to 2027 with those of the Munich group. Applications are possible until October 1st of next year. The pooling brings BMW financial advantages after the company issued its second profit warning in six months and expects an EBIT margin of no more than 0.5 percent for the car division.

Jensen Huang has resigned as Nvidia boss. As the personal architect of the AI investment boom, he provided billions in loans, equity investments and guarantees to clients such as OpenAI, Anthropic and Neoclouds. Nvidia made commitments of over $400 billion. Without Huang, the industry would lack a long-term driving force, although there are currently no signs of the boom coming to an abrupt end.