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 Hopes to postpone 95 g/km until 2024 - Will Merkel’s coalition go along with this dilution? - Dissenting EU members might respond to financial persuasion Germany finally persuaded EU environment ministers to dump the agreement to force auto makers to slash the average fuel consumption of their fleets, and hopes to extend the compliance date to 2024. It remains to be seen if this will be accepted by the EU, or even if it would survive coalition negotiations for a new government in Germany. One of the last acts of Chancellor Angela Merkel’s previous administration was to block the EU deal which would have forced Europe’s car manufacturers to accept new rules mandating an average fuel economy of the equivalent of 95 grammes of CO2 per kilometre by 2020. That compares with a 2015 EU standard of 130 g/km. A meeting in Luxembourg in mid-October finally agreed to reopen the deal agreed in June...more MORE LIKE THIS: Sigh of relief as September car sales rise 5.5% 17 Oct 2013 Mercedes dethrones Lexus as Japan’s top-selling luxury brand 03 Oct 2013 World car production recovery slowing 03 Sep 2013 |
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