Cars
Porsche has threatened that it will take legal action against the European Union (EU) if legislators go ahead and enforce the proposed CO2 emissions limits that would cut average carbon dioxide emissions for new vehicles sold in the 27 member states of the EU to 120g/km by 2012, -compared to 160 grams today. Porsche spokesman Albrecht Bamler told Agence France Press (AFP) that if the CO2 limit took effect: "We would have no chance to reach it and in this case we would go to the EU commission "on the basis of EU fair trading law†and we would think about going to court." However, Balmer stressed to AFP that it's a very theoretical case. -Continued after the jump
- Toyota, Psa And Bmw Closest To Achieving Eu’s New Co2 Targets
Toyota, PSA/Peugeot-Citroen and BMW are the carmakers closest to reaching their CO2 targets next year, according to a report by market research firm JATO Dynamics. The targets are imposed by the European Union, whose objective for 2015 is to enforce...
- Everybody Join In! More Hedge Funds Join Anti-porsche Lawsuit
In a continuation of the Porsche-Volkswagen takeover/stock controversy, 18 hedge funds added their names to a list of people taking Porsche to court in a $2 Billion lawsuit here in the States. Porsche, Wendelin Wiedeking (former CEO), and Holger Härter...
- Porsche Says Nein To U.s. Production Of Cayenne
Porsche officials have denied media reports concerning the production of its current generation Cayenne SUV in North America in the event that the VW Group goes ahead and builds a new U.S. factory. The German sports carmaker’s spokesman Albrecht...
- Eu: New Co2 Study Reveals That German Carmakers Are Off Course
A new study conducted by the European Federation of Transport and Environment shows that French, Italian and Japanese carmakers have extended their lead over German rivals last year in the race to deliver fuel efficient and low emission vehicles.. From...
- Porsche Ceo: "we’re All Set To Take Over Vw"
Porsche CEO Wendelin Wiedeking confirmed in an interview he gave to the Sunday Times (Oct 14, 2007) that his company is prepared to take control of VW, if Germany’s so-called “Volkswagen law†is ruled illegal next week (October 23)...
Cars
Porsche Threatens To Take Legal Steps Over EU’s Proposed C02 Limits
Porsche has threatened that it will take legal action against the European Union (EU) if legislators go ahead and enforce the proposed CO2 emissions limits that would cut average carbon dioxide emissions for new vehicles sold in the 27 member states of the EU to 120g/km by 2012, -compared to 160 grams today. Porsche spokesman Albrecht Bamler told Agence France Press (AFP) that if the CO2 limit took effect: "We would have no chance to reach it and in this case we would go to the EU commission "on the basis of EU fair trading law†and we would think about going to court." However, Balmer stressed to AFP that it's a very theoretical case. -Continued after the jumpAccording to Balmer, cars produced by Porsche today emit an average of 289 grammes per kilometer. Last Monday, German business newspaper Handelsblatt quoted Porsche CEO Wendelin Wiedeking as calling the proposed limits "completely naïveâ€. Wiedeking said that "realistically, emissions requirements can only be graded by vehicle segment" and not as an average of a company's entire product line.
Via: Yahoo News , Source AFP
- Toyota, Psa And Bmw Closest To Achieving Eu’s New Co2 Targets
Toyota, PSA/Peugeot-Citroen and BMW are the carmakers closest to reaching their CO2 targets next year, according to a report by market research firm JATO Dynamics. The targets are imposed by the European Union, whose objective for 2015 is to enforce...
- Everybody Join In! More Hedge Funds Join Anti-porsche Lawsuit
In a continuation of the Porsche-Volkswagen takeover/stock controversy, 18 hedge funds added their names to a list of people taking Porsche to court in a $2 Billion lawsuit here in the States. Porsche, Wendelin Wiedeking (former CEO), and Holger Härter...
- Porsche Says Nein To U.s. Production Of Cayenne
Porsche officials have denied media reports concerning the production of its current generation Cayenne SUV in North America in the event that the VW Group goes ahead and builds a new U.S. factory. The German sports carmaker’s spokesman Albrecht...
- Eu: New Co2 Study Reveals That German Carmakers Are Off Course
A new study conducted by the European Federation of Transport and Environment shows that French, Italian and Japanese carmakers have extended their lead over German rivals last year in the race to deliver fuel efficient and low emission vehicles.. From...
- Porsche Ceo: "we’re All Set To Take Over Vw"
Porsche CEO Wendelin Wiedeking confirmed in an interview he gave to the Sunday Times (Oct 14, 2007) that his company is prepared to take control of VW, if Germany’s so-called “Volkswagen law†is ruled illegal next week (October 23)...