I was at a car engineering conference some years ago and everyone dismissed this problem as minor or not their problem, all they cared about was 5g/self driving, lighter/composite weldin materials/techniques and "cockpit amenities" where they harnessed all sorts of user data.
At least in 2019 they looked at me like I had 3 heads when I mentioned privacy and secure removable ID "pods". I'm not sure the EU is strong enough to take on all the automaker lobby like they did VW.
And privacy/security surely doesn't sound as flashy as all those new inventions that necessarily will demand a compromise. Once the wall has holes it will be hard to stop
You are comparing a singular industry to 40% of the world's industries (in financial produce) and say the singular industry would win with lobbying. How would that make sense.