German Automakers Wary Of Emissions Targets

Law360, New York (August 15, 2007, 12:00 AM EDT) -- Germany's car makers have become the newest group to voice concerns about the European Commission's emissions regulations, warning regulators that they may not reach targets mandated by the new policy.

DaimlerChrysler board member Thomas Weber told a German auto industry publication on Tuesday that the EC's plan to reduce carbon dioxide emissions by 2012 is “extremely ambitious,” and that the German auto industry was not likely to reach the 120 grams per kilometer goal.

“It is not possible for the automotive industry to achieve that on...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.