The drive to become more energy-efficient amid concerns over climate change, and the rush to develop mass-market electric cars, are key factors in the crisis of Europe’s car industry. Germany’s once all-powerful industry is struggling to make cars compliant with eco-rules and output has plummeted. —Alex Brummer, Daily Mail, 3 June 2019
Forget the global trade war, declining sales or even Brexit — the sternest challenge facing Europe’s car industry comes from the exhaust pipes of its vehicles.
Arndt Ellinghorst, a lead auto analyst at Evercore ISI, described the CO2 challenge as the “biggest structural headwind” facing the sector — even more potentially damaging than trade wars with China, US tariffs, diesel bans, and Brexit. —Financial Times, 16 April 2019
The automotive industry could be facing a new ‘petrolgate’ emissions scandal as Emissions Analytics uncovers discrepancies in new petrol car CO2 figures. Following the fallout of ‘dieselgate’, which led to a considerable decline in sales of diesel vehicles across Europe, experts believe the same emissions cheating techniques may be being used on petrol vehicles. —Automobile Management Online, 6 June 2019
Stricter CO2 emission limits imposed by the EU are pushing Europe’s car industry to the “brink of collapse,” Volkswagen CEO Herbert Diess has warned. Diess lamented that the EU’s campaign against conventional petrol cars was “threatening the very existence” of Germany’s car industry. “The current campaign against individual mobility and thus against conventional cars is reaching existence-threatening proportions.” —GWPF, 18 October 2018
A lot of the comments on the Financial Times website seems to support the tougher industry destroying regs. I guess there is a reason why they print the FT newspaper on pink sheets.
Bring back horse transportation in all cities. That is the ultimate renewable. They eat plants, for crying out loud.
Nevermind the terrible pollution they create. Anyone pointing this out will be called Deniers.
It is time to stand up and be counted! We must rid the world of the internal combustion engine! Let’s rid the Earth of evil trains, planes and automobiles!
It’s time go back to walking and biking! Where’s the new Thor Heyerdahl when we need him?? Kon-Tiki!!!!!!!!!!!!!!!!!!