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FCA to pool cars with Tesla to meet EU emissions targets

2K views 18 replies 13 participants last post by  sfbreh 
#1 ·
Fiat to pool cars with Tesla to meet EU emissions targets
Mazda, Toyota also partner to cut CO2 emissions
Bloomberg via autonews.com
April 07, 2019

Fiat Chrysler Automobiles is pooling its fleet with Tesla Inc. to comply with stricter European Union rules on carbon-dioxide emissions, in a deal that’s likely to pay the U.S. electric-car leader hundreds of millions of dollars.

Tightening EU regulations that kick in next year could cost Fiat 2 billion euros ($2.2 billion) in potential fines in each of 2020 and 2021, according to Jefferies analyst Philippe Houchois. In a statement, Fiat said cooperating with Tesla will give it flexibility to find “the lowest-cost approach.”

The Italian-American carmaker is behind on meeting the new standard, and the so-called open pool option available in the EU allows automakers to group their fleets together to meet the targets. Payments to Tesla, whose EVs don’t produce CO2 emissions, may amount to over 500 million euros, according to Jefferies. Compliance has gotten harder for automakers with a move by consumers toward gasoline-powered vehicles, which emit comparatively more CO2, since Volkswagen’s 2015 diesel emissions violations.

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#5 ·
how so

FCA is PAYING to NOT be clean and Tesla is being PAYED to be clean and at the end of the day the "POOL" has to match the average the 2 seperate companies would IE FCA MISSES by 10 points Tesla HAS to be 10 points BELOW the standard so someone like FORD that is JUST making the cut can NOT pool with FCA that is NOT close as BOTH would have to pay as the POOL would FAIL to reach the standard

the GOAL is FLEET average NOT every car make the grade
 
#4 ·
#12 ·
So first The Masters of the Universe encourage diesel use. Lots of diesels.

Then TMOTU discourage or outright ban diesel use. Lots fewer diesels. More of the mythical but insignificant CO2 whipping boy target is produced. This DOES seem to generate $ome nice profit$$$$ for the "EU." Whatever that is. A mess.

Make impossible targets. Remove the one ICE that could easily meet those targets. Make big bucks fining the maker$. Anyone see a set-up?

Kill the goo$e that lay$ the golden egg$ anti-capitali$m at it$ fine$t. The$e are $ome very dumb ba$tard$, who all $urely think they're the $marte$t people in the room.
 
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#14 ·
Touche`!
 
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