Europe Carmakers Call for ‘Urgent Action’ as Emission Rules Loom
European automakers are calling for “urgent action” ahead of 2025 emissions targets that could potentially cost billions of euros in fines for some of them at a time when the industry is struggling with a sharp slowdown in electric vehicle demand.
The industry is also urging the European Commission to bring forward planned C02 regulation reviews to next year from 2026 and 2027, the Brussels-based European Automobile Manufacturers’ Association said in a statement Thursday following a board meeting on Wednesday.