PA’s CO₂ emissions report is featured in The Times in an article investigating Volkswagen's pollution targets.
The article explains that PA’s analysis estimates that Volkswagen could be fined €1 billion if it misses its new pollution targets and that this penalty is likely to be higher than any other car manufacturer. The European rules drawn up say that carbon dioxide emissions must be cut by the end of the decade.
PA’s study revealed that a number of carmarkers will exceed the new CO₂ targets but, Jaguar Land Rover, BMW, Volkswagen and Hyundai-Kia will breach the new standards. The research suggests that Hyundai-Kia could be faced with €300 million fines and BMW about €100 million.
The CO₂ emissions challenge: how can carmakers meet the 2021 targets for CO₂ emissions?
The article continues by explaining that PA’s report says that Peugeot Citroën, Fiat, Renault-Nissan, Toyota and Volvo are on course to meet the requirement, while Ford, General Motors and Daimler could marginally exceed it.
PA’s report goes on to say: “The challenge for carmakers will be to focus on improving the efficiency of internal combustion engines and on increasing the number of alternative vehicles in their fleets. This will be very challenging, especially for the German carmakers, who have, to date, struggled to develop alternative vehicles that their customers want to buy.”