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ReprintsMarchionne says CO2 limit curve is 'nonsense'
Luca Ciferri
Automotive News
May 21, 2008 - 12:01 am ET
TURIN -- Fiat group CEO Sergio Marchionne said proposed European Commission CO2 emission limits based on a sliding scale are nonsense. The Commission is proposing that carmakers in Europe cut average CO2 emissions from new cars to 130 grams per kilometer by 2012 from about 160g/km now. Marchionne said Fiat's limit would hover around 122g/km mark. "This type of nonsense is clearly the result of political pressures that have been hard at work to protect particular participants in the European automotive market" Marchionne said Tuesday night in closing the Automotive News Europe Congress. Marchionne added: "Fiat as a group will not tolerate them and will do everything in its power to protect its economic interests in a manner consistent with the Commission's objective in substantially reducing CO2 emissions." He said that the Commission's proposed 60 percent curve for allocating CO2 targets to individual automakers would be an unfair subsidy to large-car manufacturers. Marchionne added the proposal will cost automakers hundred of millions euros a year. "The steeper the curve, the lower the limit becomes for small car producers," Marchionne said. He said a flat line will hold all manufacturers to the same standards. Last year Fiat Group Automobiles CO2 emissions were the lowest of all automakers selling cars in Europe at 137g/km, according to market researcher Jato Dynamics. |
You can reach Luca Ciferri at lciferri@craincom.de.
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