In news of interest to motor traders, new legislation regarding CO2 emissions has been approved by the European Parliament.
Emissions on new passenger vehicles will be capped at 125 g CO2/km from 2015, with recommendations to move to 95 g CO2/km by 2020 and 70 g CO2/km by 2025.
MEP Chris Davies said that the “industry has stalled in reducing CO2 emissions” but that “the technology is there to make a significant difference in a short period of time”.
According to statistics raised by the parliament’s emission discussion, 19 per cent of the CO2 produced within the EU is from passenger cars, for example a black cab, and light-commercial vehicles, such as an LGV.
Porsche threatened in September that if the EU introduced the CO2 caps, then it would consider taking legal action.