Fiat CEO Sergio Marchionne still hating on EU CO2 regulations
The negotiations regarding proposed European Union CO2 emissions regulations are ongoing, it seems. Even after German Chancellor Angela Merkel and French President Nicholas Sarkozy agreed to push the starting date from the year 2012 to the year 2015, Fiat's CEO, Sergio Marchionne is still unhappy. The latest issue that Fiat has with the proposals is related to the sliding-scale that automakers would be subjected to. Companies which make larger vehicles would not be required to meet the same regulations as those which produce smaller, more efficient vehicles. Marchionne says that Fiat will hit the proposed 130 gram per kilometer mark that has been thrown about, but would be unable to chop another eight grams from its cars, as the latest proposals would require. If those standards went into effect, Fiat would be charged penalties despite offering the lowest carbon emissions of all automakers in the European Union, which does seem a bit backwards. Still, the company is already hitting that standard, so some reduction may not be too much to ask. As always, we expect these protracted negotiations to continue on well into the future.
[Source: Automotive News Europe - sub. req'd]
Reader Comments (Page 1 of 1)
Lonewolf 7:29AM (7/01/2008)
'If those standards went into effect, Fiat would be charged penalties despite offering the lowest carbon emissions of all automakers in the European Union, which does seem a bit backwards.'
A bit backwards? No kidding. Sounds like a very bad joke....
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Poldo 9:57AM (7/02/2008)
That CO2 emissions regulations has been made by the france-german lobby that with a different law would have lots of problems. Fiat has the lowest carbon emissions of all european automakers, why do they have to pay for the others?
Sigh...
I hope that FIAT, Alfas and Lancia return to U.S.
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