VW, Ford could face fines for missing EU's 2025 CO2 goals amid EV market slowdown

Mercedes charging station Mannheim ARC 2024 — A Mercedes-Benz EV charging station in Mannheim, Germany. (MERCEDES)

August 22, 2024 06:10 AM

Automakers will have to sharply increase sales of full-electric and hybrid cars despite "market skepticism" for EVs to meet 2025 European Union CO2 emissions targets, according to a report from analyst company Dataforce.

Featured Stories

GM promotes Duncan Aldred to president of North America

The automaker said Aldred’s appointment is effective immediately. He will report to Rory Harvey, GM’s president of global markets.

By:

Lindsay VanHulle

GM promotes Duncan Aldred to president of North America

Manufacturing

In the shadow of China’s military, Taiwan’s globally critical suppliers keep working

After years of stalling out, autonomous driving appears to be on the comeback trail

Parts tariffs are now in effect. Here’s how they work

Manufacturing

By:

John Irwin

Parts tariffs are now in effect. Here’s how they work

Latest News

Dealerships: Call, text or email to boost web lead response times

Point Predictive: Higher auto loan fraud risk but dealers more engaged in the fight

Online car-buying bump in the road? Credit applications

Rivian ups its Illinois investment with $120 million supplier park

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

See More in Regulation & Safety

Major automakers want Congress to bar California 2035 electric vehicle plan

Agency eases some self-driving safety rules, sending Tesla stock soaring

U.S. Supreme Court poised to revive challenge to California emissions standards

House to vote on Republican bid to repeal California EV rules

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