1w ago

EU Mulls Proposal to Spare Carmakers Hefty Emissions Fines

www.energyconnects.com EU Mulls Proposal to Spare Carmakers Hefty Emissions Fines

The European Union’s executive arm may propose a solution in March to spare carmakers emissions fines while sticking to its ambitious green transport goal...

2 comments

VW should pull itself up by its bootstraps. If they can't make the 2025 goal, how are they going to overachieve the 2026-27 goals? They are basically asking for a government loan.
If that cost really can't be born, they should put IMF-style conditions on it. Personnel changes in upper management, immediate changes in strategy, stuff like that.
- They should be forced to claw back every single cent of the 5 billion euros they distributed in dividends in 2023 before anyone bails them out.