Ferrari, Aston Martin fined for failing EU CO2 mandates


The past seems to have come back to haunt Ferrari and Aston Martin, as they have been ordered to pay a total fine of around €500,000 ($521,452) by European Environment Agency (EEA), for exceeding their specific emissions target in 2015.

In its report, the EEA revealed that new cars sold in EU in 2015 emitted an average of 119.5 grams of CO2/km, which was 8% below the agency’s target for the year of 130 grams C02/km. It also adds that the average CO2 emissions from new cars decreased by 27% in the last 10 years, and to ensure it meets the EU 2020/21 targets of 95 g C02/km, it will need to continue decreasing at a similar pace.

“To meet their EU 2020/21 targets [of 95 g/km / 57 mpg], the average CO2 emissions from new cars and vans will need to continue decreasing at a similar pace,” the EEA said in its report. “The majority of car and van manufacturers met their CO2 specific emission targets in 2015 and some are well on their way to reaching the 2020/21 target.”


While Ferrari has been asked to pay a whopping €410,760 ($428,383), Aston Martin will pay a less costly €36,370 ($37,928) fine. The agency has listed out few other manufacturers that are well on track to reach the 2021 target. The Peugeot and Citroen brands, along with Renault and Toyota, are already very close to their 2021 targets. “They need to reduce their average emissions by less than 16 g/km in the next six years,” the EEA report said. The report said Peugeot brand had the lowest emissions in 2015 at 104 g/km followed by Citroen and Renault, each with 106 g/km, and Toyota at 108 g/km. Jaguar Land Rover had the highest emissions average at 164 g/km.

According to data from the report, other automakers like Fiat Chrysler Automobiles, Opel, Ford, Volvo, Daimler, Audi and BMW will have to reduce emissions ASAP to meet the 2021 target even though they’ve met their 2015 goals.

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