Fiat Chrysler an unusual step in order to avoid high fines in the EU: The manufacturer wants to pay hundreds of millions of euros on Tesla , so that the vehicles of the electric car manufacturer included in its fleet. The newspaper “Financial Times” reported. The Italian-American group expresses, therefore, in this way, the carbon dioxide emissions of its vehicles in the European Union with a calculator to an acceptable level.
Stricter rules for emission levels from new cars as from next year, forcing Fiat Chrysler, apparently to this step. The European Union is committed to the car manufacturer, starting in 2020, for the first time registered vehicles with a CO2 limit of 95 grams per Kilometer is to be observed. The limit value applies according to the EU, starting in January, 95 percent of all vehicles in a group, and from 2021 to 100 percent. This should make the car a farmer in a difficult Situation: Fiat Chrysler to have the highest risk compared to the large manufacturers, to select the predetermined target, the newspaper writes, citing a study by UBS.
new territory for the manufacturer
Curiously, but it is legally possible: The limit does not need to be from each of the vehicles observed. The crucial factor is the average of all vehicles of a manufacturer. According to the EU rules, companies with multiple brands, must combine their emissions internally. The “FT” writes that Volkswagen could, for example, offset the emissions from VW, Seat and Skoda with Porsche and Audi. Also it is possible that competitors close to a swimming Pool.
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Fiat Chrysler and Tesla enter, however, new territory, if, in the future, including Alfa Romeo, Ferrari, and Dodge and Jeep are together with the Tesla models. According to “FT”, the two corporations already in the end of February in the swimming Pool together and, therefore, the prerequisite for emissions trading. For Fiat, the advantage of a CO2 credit market is to use the most cost-effective ways to reduce the total greenhouse gas emissions on the market, as it says in a Statement.
Billions of dollars in fines possible
Fiat Chrysler is the only manufacturer that stands because of the stricter rules under pressure. The group has, however, only a few electric and hybrid cars on offer, such as the news magazine “Spiegel” writes. How high the possible penalties for the manufacturer to fail, whose fleets fail to reach the CO2 targets, is still open. Estimates of banks and credit rating agencies will amount to large sums of money: Up to over ten billion euros in Fines could be faced, therefore, on the manufacturer.
Tesla is How expensive the Deal, to pay is also unclear. Fiat Chrysler, says the financial consequences, such as the Financial Times writes. Tesla wanted to give the report to other manufacturers the opportunity to the Pool to join. In the United States, the sale of emission credits, therefore, already a lucrative business for the electric car manufacturer. In the past three years, Tesla earned according to news Agency “Reuters” in order to over a billion dollars. (Editorial Tamedia)
Created: 08.04.2019, 11:56 PM
