PA Consulting’s annual CO2 research is featured as a key source in a broadcast story by Das Erste tagesthemen / boerse vor acht.
PA’s research reveals that car makers will face major EU fines for failing to hit their targets on carbon dioxide emissions.
Car makers with new-car fleets that do not reach the calculated CO2 emissions target by the end of 2020 will have to pay €95 per gram of CO2 emitted above the target. Das Erste presents the current forecast by PA Consulting that eight of the 13 manufacturers investigated risk being punished.
The news report notes that Volkswagen could face a fine of €1.4 billion, Fiat-Chrysler could pay around €700 million and PSA could pay €600 million. Volvo, Toyota, Renault-Nissan-Mitsubishi and Honda will most likely be spared.