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Industry News
November 2007
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<< October 07
News for 22nd November 2007
EU regulatory compliancefrom 2005-2012 costs €5,000/unit
Reuters’ report yesterday on its own recent Reuters Auto Summit featured a director from Standard & Poors, Maria Bissinger, quoting the German VDA motor industry association’s estimate that meeting a 120 g/km CO2 limit by 2012 would cost about €3,000 per car, on top of about €2,000 per car spent since 2005 on conforming to EU parts design deregulation, air conditioning rules, initial CO2 limits and pedestrian protection regulations.