EU sets strict emissions targets --------------------------------- Carmakers must cut average fleet emissions to less than 95 grammes per kilometre of CO2 from 2021, or face a €95 fine for every gramme of CO2 that exceeds the target, multiplied by the number of cars sold --------------------------------- Average CO2 emissions are rising (g/km, passenger cars in 21 EU countries plus Norway and Switzerland) 136.2 132.3 126.8 123.3 119.2 117.8 118.1 120.5 2011 2012 2013 2014 2015 2016 2017 2018 2011: Diesel car market share peaks at 55% 2015, Dieselgate: VW admits emissions defeat devices were installed in over two million cars 2018: CO2 emissions rise as consumers shun diesels which typically emit one fifth less carbon than petrol cars --------------------------------- Average CO2 emissions (g/km in 2018, percentage change since 2014) 95g/km target 107.7 109.1 118.8 119.2 123.7 125.6 127.6 128.9 130.0 139.6 DOWN UP DOWN UP UP DOWN DOWN DOWN UP UP 1.7% 0.7% 4.5% 1.9% 2.0% 4.7% 4.8% 4.3% 3.8% 6.1% Peugeot Renault VW Fiat Ford Opel/Vauxhall Audi BMW Volvo Mercedes- Benz (PSA) (FCA) (PSA) €30bn potential cost to industry (VW) --------------------------------- Sources: Financial Times, Jato Dynamics, Reuters © GRAPHIC NEWS