According to the 2014 cars and CO2 report, five out of seven European car manufacturers will reach The EU’s carbon emissions objectives by the 2021 deadline, should they continue to progress at the same rate since 2008. The report was released in May 2014 by Transport and Environment (T&E), which monitors the annual progress made by vehicle manufacturers to reduce fuel consumption and CO2 emissions of new cars.
The report shows that most European carmakers are well positioned to hit their CO2 targets, irrespective of the size and type of vehicle that they sell, according to T&E’s clean vehicle manager Greg Archer.
In 2013, all European manufacturers achieved their 2015 targets at least two years ahead of schedule. These achievements contrast with carmakers’ claims that a vehicle related target of 130g CO2/km, would not be feasible.
VW and Nissan are on schedule to hit their 2014 targets, while Volvo, Toyota, Peugeot-Citroen, Renault, Ford and Daimler are set hit their 2014 targets early.