Pollution
EU auto sector urges remedy for emission fines ahead of official dialogue
MercedesBenz CEO Ola Kaellenius advised the European Commission on Thursday to acknowledge that subdued electrical car sales in the European Union were due to weak need not lack of supply and to ditch prospective fines for the car sector. The bloc's carmakers, who are having a hard time to compete against Chinese rivals and bracing for U.S. tariffs after President-elect Donald Trump takes workplace, face possible EU fines of as much as 15 billion euros ($ 15.4 billion) if their fleets do not satisfy CO2 emission limitations in 2025. Kaellenius, the brand-new president of the European Auto Makers' Association (ACEA),...