Newsletters

VW, FCA, others could face big fines for missing EU emissions targets

VW could face the highest fine - 1.36 billion euros - for missing its CO2 emissions target. Pictured are Greenpeace protestors at the automaker's Wolfsburg headquarters.
PS
By:
Peter Sigal
September 26, 2017 05:00 AM
CO2 penalties

Fines automakers could face in 2021 (in euros)

VW Group : 1.36 billion

FCA: 950 million

PSA/Opel: 786.7 million

BMW: 430 million

Ford: 307.1 million

Hyundai-Kia: 283.1 million

Daimler: 126.2 million

Sources: PA Consulting; JATO sales data

PARIS -- Most major automakers are likely to fall short of meeting the European Union's upcoming carbon dioxide emissions goal, and could face big fines as a result, a consultants' report said.

Staying current is easy with newsletters delivered straight to your inbox.