Wednesday, August 10, 2011

Suppression Of Programs Confirmed

The European Commission has today confirmed plans to force automakers to reduce tailpipe emissions by 18 percent over the next five years.

As predicted exclusively by a car last month online, the EU proposes a limit average CO2 of 130g/km by 2012 - against an average of 162g/km last year. Manufacturers miss the mark would further impose heavy fines.

If the law did - and a round of industry lobbying to dilute the action is now inevitable - the plans could jeopardize all the sports cars, 4x4 and MPV on sale today. The industry fails to meet its own voluntary target of 140 g on average for 2008, one or two manufacturers will succeed (including Fiat), but most admit a secret that will not achieve the goal next year.

This has forced the EC to draft a new law significantly. Enterprise Commissioner Günter Verheugen said to help Europe meet its commitments under the Kyoto agreement to reduce greenhouse gases. He said: "We will soon be able to offer not only the cars better and safer, but also the cleanest cars - that is the future of the European automotive industry".

But the industry warns that the cost of new technologies to meet the new objectives of 130g/km of CO2 could add thousands to the price of all new cars. Head of UK trade body SMMT, Christopher Macgowan Chief Executive, said. "There is a huge threat to jobs and the economy not only the choice of cars is reduced by these measures if we are to meet the limits, but independent estimates place a projected increase in the region of £ 2500 for the price of sale of each new vehicle. "

However, there is little light at the end of the tunnel. It seems that the 130g/km target would apply to the entire industry, not to individual producers. And specialized companies like Porsche would not be bankrupt overnight.