EnergyWatch

Car makers struggling to meet emissions targets

Several German and French car brands are facing major fines due to excessive CO2 emissions, while Volvo seems like it will meet the new EU targets and walk free, shows an updated report from a consultancy firm.

Photo: Rainer Jensen/AP/RITZAU

German car manufacturers have hardly been swimming in good news these years. German giants are not just struggling to shake off the diesel scandal, but pressure from electric car manufacturers such as Tesla and an increased Chinese desire for electric cars are contributing to squeeze BMW, Volkswagen (VW), and Opel. 

As if these challenges were not enough, the German car manufacturers must also acknowledge that they are far from reaching the targets for reduced CO2 emissions set by the EU from 2021, says international analyst firm PA Consulting.

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