Europe: future CO2 emission thresholds could be revealed next month image

The European Commission should next month present the progress on upcoming emission targets for new cars to be purchased in the European Union, allowing automakers to size up the needed investments to reach the increasingly tougher levels.

A commission meeting scheduled for December 9 should outline the upcoming path for the next CO2 emissions threshold to be implemented beyond 2021 – with carmakers and other interested parties, such as consumer groups, also present during the proceeds. With the prospect of needing investments worth billions of dollars, the automakers have already voiced their concern that they might require more time to comply with the rules. Last month, Martin Winterkorn, the CEO of the VW Group (the biggest automaker in Europe and the second-largest in the world, behind Japan’s Toyota) has warned it could prove “fatal” for the entire auto industry to impose stricter new rules – that is at least until a proper market for electric cars, plug-in hybrids and other fuel-efficient vehicles properly develops.

So far, the European Union has set for carmakers a goal of reaching average CO2 emissions of 95 grams per km by 2021 – the target stood at 132g/km in 2012. Also, the region’s legislators are aiming to change the EU fuel test procedure to better mimic real-life usage.

Via Automotive News Europe