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Hyundai and Kia on course to miss EU CO2 targets

Korean automotive giants Hyundai and Kia could be set to miss strict European emissions regulations after seeing CO2 figures rise in 2014.

Range-wide average emissions of 95g/km by 2020-21 are being demanded of EU regulators who will charge manufacturers around £67 per gram of CO2 per kilometre over that point, multiplied by the number of vehicles sold.

Concerns about Hyundai and Kia’s ability to comply come after the brands saw their average emissions rise from 129.8g/km in 2013 to 130.5g/km for 2014.

In a Financial Times article PA automotive expert Thomas Goettle said of the statistics, compiled by PA Consulting: “They are the only manufacturers to move from being close to meeting the 2012 target to being forecast to miss it by some margin.”

The PA Consulting figures suggested that PSA Peugeot Citroen, Fiat Chrysler Automobiles, the Renault-Nissan Alliance, Toyota and Volvo were all set to meet their 2021 targets.

VW, BMW and Jaguar Land Rover were highlighted as manufacturers who could miss it by some margin, however.

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