CO2 car and van targets: industry reacts to European Parliament votes
Brussels, 10 July 2018 – The European Automobile Manufacturers’ Association (ACEA) takes note of the outcomes of today’s European Parliament votes on post-2020 CO2 targets for cars and vans in the TRAN and ITRE Committees, and will now make a further assessment of the details.
Generally speaking, Europe’s car manufacturers remain extremely concerned about the feasibility of the proposed CO2 targets and timings, which do not sufficiently consider the impacts on consumers and those working in the automotive sector. With this in mind, ACEA considers a 20% CO2 reduction by 2030 for cars to be achievable at a high, but manageable, cost.
“Looking ahead, we can only hope that Members of the European Parliament (MEPs) will be able to speak with a united and realistic voice ahead of the vote of the Environment Committee in September and the Plenary vote in October,” stated ACEA Secretary General Erik Jonnaert.
About ACEA
- The European Automobile Manufacturers’ Association (ACEA) represents the 14 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, JLR, Mercedes-Benz, Renault Group, Toyota Motor Europe, Volkswagen Group, 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, cm@acea.auto, +32 485 88 66 47.
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About the EU automobile industry
- 13.0 million Europeans work in the automotive sector
- 11.5% of all manufacturing jobs in the EU
- €374.6 billion in tax revenue for European governments
- €101.9 billion trade surplus for the European Union
- Over 7% of EU GDP generated by the auto industry
- €59.1 billion in R&D spending annually, 31% of EU total
