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Bet everything on electric: Inside Volkswagen's radical strategy shift

PA Consulting's latest CO2 emissions research for car makers is featured in a story in Reuters. 

The article discusses Volkswagen's ambition to become the global leader in electric cars, following the biggest strategy shift in its history.

The article then notes PA Consulting's CO2 research which forecast that VW will face a 1.4-billion-euro penalty for overstepping average limits in Europe by 2021, while Ford and Fiat-Chrysler face fines of 430 million euros and 700 million euros respectively. Daimler, BMW, PSA, Mazda and Hyundai will miss their 2021 average emissions targets.

The article goes on to explain that PA Consulting’s forecasts are due to the fact that customer tastes are moving towards heavier, bigger SUVs. It then notes that Toyota, Renault-Nissan-Mitsubishi, Volvo, Honda and Jaguar Land Rover are on track to meet their emissions goals.

Read the full article in Reuters

Driving into a low emissions future: How can car makers look beyond 2021

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