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Diesel summit deal limited to software upgrades
04 Agosto 2017, 07:44 | Benedicto Grullon
German Chancellor Angela Merkel visits the international Frankfurt motor show IAA | Daniel Roland AFP via Getty Images
Automakers have spent billions developing diesel engines to help meet tougher carbon dioxide (CO2) emission standards, so understandably they aren't willing to walk away from the technology just yet.
The Euro 5- and Euro-6-standard cars will get software updates that cut nitrogen oxide emissions by 25-30 per cent. Millions of these cars have already been seen to.
Environmental lawyers in Germany have described voluntary retrofits for five million cars as a "pitiful" attempt to absolve the diesel industry.
Carmakers would need to make a "significant" contribution towards funding possible hardware changes, the costs of which must not be heaped on auto owners, said Weil.
The VDA said the automakers will individually consider "sales measures" to encourage "fleet renewal with a view to older diesels". "We want our carmakers to continue to be successful in the world and to carry on building the best cars", said Armin Laschet, the premier of North-Rhine Westphalia, home to about a third of Germany's automotive suppliers and Ford's European headquarters.
On Tuesday, Ford announced it will pay owners of older vehicles created to meet the Euro-1, Euro-2 or Euro-3 emission standards a bonus between 2,000 euros and 8,000 euros if they trade in their old cars and buy a new model by the end of 2017. The agreement also includes automaker participation in a fund to promote sustainable transport in cities.
Dobrindt has said the government is going to invest around 250 million euros ($295 million) in modernizing public transport including taxis and buses.
Protests forced a last-minute change of venue for emergency talks yesterday between the German government and the country's auto industry on the fate of diesel engines, highlighting the tensions surrounding efforts to salvage the beleaguered technology after almost two years of crisis.
That all started coming crashing down in September 2015 following Volkswagen's admission that it duped regulators and consumers for years with diesels rigged to cheat on emissions tests.
Industry executives appeared at their own post-summit news conference and underlined measures they are taking. Older cars do not have space to fit bulky exhaust gas recirculation systems, BMW said.
"We are not particularly interested in supporting a technology that in the foreseeable future no longer belongs on the roads anyway", a spokeswoman for the Berlin-based ministry said on Saturday.
Tesla's 2nd quarter loss widens, but results beat forecasts
Auto motive gross margin, which excludes the sale of zero emission vehicle (ZEV) credits, rose to 25% from 23.6% a year earlier. Deliveries were down slightly from the first quarter, but Tesla blamed a shortfall in batteries for the slower pace.
Kashmir: 2 soldiers killed in Shopian district
Later, at the funeral of Aquib, militants fired several rounds in the air to salute their slain associate. Rebel groups have been fighting since 1989 for the Indian-administered portion to become independent.
Court: States can sue if health care subsidies cut
That includes making sure the government pays out key payments that help offset insurers' costs of covering certain Americans. Insurance companies receive what are known as cost-sharing reductions to help low-income customers with out-of-pocket costs.
Topic of the Day: N. Korea continues ICBM tests
The North Korea flag flutters next to concertina wire at the North Korean embassy in Kuala Lumpur, Malaysia March 9, 2017. Moscow's United Nations envoy said any new sanctions should not worsen North Korea's humanitarian crisis.