Over one-hundred-million euro fine for Volkswagen for not meeting emissions standards.
The Volkswagen Group has not achieved the 2020 target for CO2 emissions as set by the European Union. For Volkswagen, the standard was about 99 grams per kilometre per car sold. The manufacturer is now facing a fine of at least € 100million.
Every year, the EU sets increasingly stricter standards for the average emissions of all cars produced by a car manufacturer. The aim is to force manufacturers to produce cars that pollute less and to stimulate the transition to building electric vehicles.
Volkswagen is not the only car manufacturer that has not achieved the CO2 reduction target; the European Commission will soon publish the figures for all manufacturers and the extent of potential fines.
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