Fiat CEO Sergio Marchionne bashes latest EU CO2 proposal
Naturally, Fiat Group CEO Sergio Marchionne isn't at all happy about these changes, saying, "This type of nonsense is clearly the result of political pressures that have been hard at work to protect particular participants in the European automotive market. Fiat as a group will not tolerate them and will do everything in its power to protect its economic interests in a manner consistent with the Commission's objective in substantially reducing CO2 emissions." Because of the sliding curve of the latest proposal, makers of small and lightweight vehicles would be held to a higher standard than makers of large vehicles, which somehow seems rather backwards, wouldn't you say?
[Source: Automotive News Europe - sub. req'd]
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