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Automakers react cautiously to weaker CO2 target in Europe

October 10, 2018

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LUXEMBOURG — Automakers reacted cautiously to a less stringent, 35 percent CO2 emissions target for new-car fleets in the European Union but said the goal could still hit the industry’s competitiveness.

On Tuesday, European Union nations agreed to seek a 35 percent cut in emissions for new cars and vans by 2030. Several countries had sought a higher, 40 percent reduction in line with targets backed by EU lawmakers last week, with Ireland and the Netherlands among those voicing disappointment with Tuesday’s compromise deal.

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