Lawyers have come to the decision that The European Commission is within its rights to levy financial penalties on car manufacturers who fail to meet CO2 reduction targets. The German car manufacturers are the most concerned as Porsche, BMW and Audi traditionally produce high performance, high emitting cars that will be hit hard by the new regulations.
The final form of the car CO2 regulations in still under discussion with hints that concessions may be made to Germany’s car manufacturers. The EU Commissioner Stavros Dimas has been reported as being willing to reduce the targets for the German car manufacturers as long as the overall emissions target across Europe is maintained.
