Three automakers, BMW, PSA (Citroen and Peugeot) and Toyota, are in the top three of auto companies who are closest to complying with tough upcoming legislation on exhaust pipe C02 emissions. The three are ranked by market research company JATO Dynamics as having the shortest drive towards their goals. Over the coming years motor manufacturers will be heavily penalised for not complying with this European legislation.
The continent’s law states that by 2015 all industry players in Europe should average 130 grams per kilometre, significantly lower than the 140.9 g/km reported in 2010. An even more challenging figure of 95 g/km is being legislated to come into effect in 2020. Failure to do so will result in fines being dished out to the tune of €5 per vehicle for the first g/km of CO2, €15 for the second gram, €25 for the third gram and €95 from the fourth gram on.
Last year Toyota averaged 130 g/km for new vehicles in Europe. Its 2015 target is 124.8 g/km, which means it needs to reduce gases by 4.2%. PSA must work on a 5.1% reduction, while BMW must cut its new fleet’s C02s by 7.1%.
The three lowest-ranking companies are Nissan, Mazda and Daimler respectively, meaning they will have to take some drastic steps in order to catch up to their peers. Nissan and Mazda need to reduce bad gasses by 17.6% from 2010 averages of 147.8 and 149.9 g/km respectively, while Daimler has the largest gap to cover in the form of a 19.8% reduction from its 2010 levels of 163.3 g/km.
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