AM Online

New CO2 rules could force up car prices

Manufacturers may be forced to increase prices in order to fund development of more environmentally friendly vehicles.

An environmental report has shown a number of carmakers must make extensive changes to their models to comply with 2015 European Union CO2 emission standards.

Europe’s Transport and Environment (T&E) group has released statistics showing Mazda faces a significant investment bill – potentially forcing up prices.

The EU report said: “It needs to improve the emissions of its models by 21% to reach the 2015 mandatory target of 130g/km average for all cars made by a manufacturer in Europe.”

Suzuki has an even great challenge, needing to make 22% of improvements by 2015.

The report noted PSA Peugeot-Citroën is “the best-placed carmaker” – only 8% away from its target.

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