European Union Toughens CO2 Regulations For 2012
The European Union has just announced that it wants to improve emissions by 20% in 2015, and to achieve that goal, it is tightening emission regulations starting from 2012.
As of January 1st, all automobile manufacturer’s who produce more than 10,000 vehicles per-year, will need to sell 65% of their annual sales of cars that produce less than 130-grams of Co2/kilometer (0.621-miles).
Automakers who cannot comply with this regulation will pay a fine of $6.50 per-gram for each car that is over. This could add to millions by the end of the year, making survival in the auto industry even tougher than before.
Renault’s Romanian brand Dacia will be in trouble with these new regulations in 2012, and Daimler is expected to be in even more trouble, as it would have to pay a fine of $2500 per vehicle.
Not all car companies will be in trouble however. Toyota, Peugeot and Fiat produce vehicles that produce between 112 to 119 grams/km.
While this regulation favors companies that produce small cars, those who produce large SUV’s will either have to cut production or start offering a small commuter car to bring their average down.
[Source: Left Lane News]
More by Nauman Farooq
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Whenever the check engine light (MIL) is ialminuted, it's the car's way of telling you that something has happened that is allowing more emissions out of the tailpipe than is allowed.a0 There are literally hundreds of things that can go wrong which will cause your car to put out more emissions than it should.a0 It is the EPA that has required automakers to use the check engine light in this way, not UT.a0