EU destroyed all its industries (Olivetti, Ericsson, Nokia,..) and automotive isn't an exception
Also, there are many industries still flourishing across the EU. Airbus, Renault, Zeiss, ASML, ThyssenKrupp, Saint-Gobain, Nestle, Siemens, Sanofi, IKEA, Inditex, Schneider Electric, etc etc etc.