Car giants will fail to meet emissions targets
morten abrahamsen | Aftenposten | 7 december 2016
Read the full article in Norwegian
PA’s Thomas Goettle, an automotive expert, has been quoted in an article in Aftenposten discussing PA’s 2016 CO₂ emissions report. The research reveals several of the major carmakers will struggle to reach the EU’s 2021 emission requirements.
The results show Peugeot Citroen, Toyota, Renault-Nissan and Volvo are on track to meet their 2021 requirements, while Volkswagen, BMW, Hyundai-Kia, Fiat Chrysler and General Motors are likely to miss theirs. The costs for carmakers that do not reach their targets are huge. The EU is planning fines of €95 per gram of CO₂. For BMW this could be around €3.1 billion, Fiat Chrysler €5.4 billion and for Volkswagen around €9 billion.
Thomas explains: “Carmakers are facing difficult obstacles to reach their 2021 emission requirements – despite the fact they are investing heavily in hybrid and electric vehicles to improve emissions performance. The problem however is that these vehicles will come into the market too late and will not affect their ability to meet the looming deadline. The challenge is further complicated by the new test regime that will be introduced next year.”
The carmakers race to 2021 has started
Download the report
The article outlines how during 2017, a new test regime will replace the current EU cycle. And this is one that will have a longer test period and better reflect how the vehicle actually is used. And it is likely that this will lead to far higher emissions than the current EU cycle.
In previous reports, Fiat Chrysler had been on schedule to meet their target, but they now have higher emissions compared to five years ago. The article explains that this is down to the company’s merger with Chrysler which includes Jeep. The brand has experienced strong sales in Europe, which are primarily larger SUVs, while Fiat's small cars have not experienced the same.
Thomas concludes: “Automakers must move beyond hybrids and make electric cars that are attractive to all their customers. They will have to increase their vehicle range drastically if emissions targets to be met.”