EnergyWatch

Car makers struggling to meet emissions targets

Several German and French car brands are facing major fines due to excessive CO2 emissions, while Volvo seems like it will meet the new EU targets and walk free, shows an updated report from a consultancy firm.

Photo: Rainer Jensen/AP/RITZAU

German car manufacturers have hardly been swimming in good news these years. German giants are not just struggling to shake off the diesel scandal, but pressure from electric car manufacturers such as Tesla and an increased Chinese desire for electric cars are contributing to squeeze BMW, Volkswagen (VW), and Opel. 

As if these challenges were not enough, the German car manufacturers must also acknowledge that they are far from reaching the targets for reduced CO2 emissions set by the EU from 2021, says international analyst firm PA Consulting.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

RWE criticizes Repower EU

The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.

Further reading

Related articles

Latest News

See all jobs