Toyota, PSA and BMW most likely to reach EU’s new CO2 targets

by Alex

Market research firm JATO Dynamics, in their report published recently mention about Toyota, PSA/Peugeot-Citeron and BMW being the car makers who are most likely to be the ones capable of reaching the CO2 targets set by the European Union. The CO2 restrictions imposed is to endeavor that by 2015 the average CO2 level of the cars selling in Europe is maintained at a level of 130 g/km.

For reaching the set target every year there is a progressive lowering of the CO2 emission levels being set by the European Union. It was 145.9 g/km in 2009 and was lowered to 140.9 g/km for 2010. Automakers who do not comply with the emission standards being laid down would face heavy penalty starting next year when the regulations come into force in letter and spirit.

For every vehicle produced between 2012 and 2018 car makers would be penalized €5 per unit for the first g/km of CO2 and then €15 for the second gram, €25 for the third gram and €95 from the fourth gram onwards. This boils down to a €5 million fine or $7 million in converted rates for a company that manufactures 1 million cars and is off the CO2 emission standards by 1 g/km.

As per the threshold set for this current year, the ones closest to the target, that is Toyota, PSA and BMW would have to reduce the overall emissions by seven percent. There are the other car makers like Daimler, Mazda and Nissan who are way out of the set target of the year and need to reduce their CO2 emissions by 19.8 to 17.6 percent.

Last year it was Fiat that had the lowest CO2 level with that of 125.9 g/km. The company has to reduce it to 116.1 g/km by 2015. The CO2 emission standards calculated by the European authorities are created on a weigh-based system. Being the largest seller of small cars the manufactures has the lightest of cars, 1.067 kg or 2.353 lbs, in 2010 in the automotive market.

Source: carscoop

Office workers are made up of parts of the whole, working on the project.
Vector illustration of teamwork concept. Office workers are made up of parts of the whole, working on the project.
Write For Us Automotive Blog - SpeedLuxSend us a Tip Automotive Car BLOG SpeedLuxJoin Our Team SpeedLux Automotive NewsContact Us Guest Posts Advertise Car BLOG

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More