Agreement on 2020 CO2 targets for cars
Brussels, 25 June 2013 – The European Automobile Manufacturers’ Association (ACEA) will work with its members to study the details of yesterday evening’s agreement between the European Parliament and the Council on the CO2 emissions targets for new passenger cars for 2020. This agreement defines the way in which the target of 95g CO2/Km should be reached. “This is an important milestone in the negotiations, but there still is some way to go before a final agreement is voted in the plenary of the European Parliament,” commented Ivan Hodac, ACEA Secretary General.
“At this stage we would simply like to stress once again that if super-credits are to achieve their aim of fostering innovation and bringing ultra low-emission vehicles to the market, they need to be applied in a more meaningful way, as is the case in other regions of the world. It is in everyone’s interest to get clean vehicles on the roads, and super-credits are the only EU-wide incentive to help put on the market today the technologies of the future.” ACEA also takes note of the fact that long-term targets have not been set at this stage.
Hodac: “Today Europe’s auto industry delivers vehicles with the highest environmental standards in the world, and we are committed to continue doing so. However, it is only reasonable to first conduct proper impact assessments before fixing targets for beyond 2020 to ensure that such targets can be both ambitious and feasible.”
- The European Automobile Manufacturers’ Association (ACEA) represents the 16 major Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Mercedes-Benz, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
- Visit www.acea.auto for more information about ACEA, and follow us on www.twitter.com/ACEA_auto or www.linkedin.com/company/ACEA/.
- Contact: Cara McLaughlin, Communications Director, firstname.lastname@example.org, +32 485 88 66 47.
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About the EU automobile industry
- 13 million Europeans work in the auto industry (directly and indirectly), accounting for 7% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.4 million – are in the automotive sector.
- Motor vehicles are responsible for €374.6 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €79.5 billion for the EU.
- The turnover generated by the auto industry represents more than 8% of the EU’s GDP.
- Investing €58.8 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 32% of total EU spending.