Sunday, June 4, 2023

2,000 cash, which you will have to pay more for your car

Car manufacturers warn. If the new Euro 7 emission standards are to come into force, the cost of manufacturing a vehicle will become more expensive by around 2,000 euros, the amount that will be passed on to prices, although it will certainly exceed the price that the end user will pay. that number of 2,000 coins, since this calculation refers to the direct costs of production – the indirect costs would have to be added.

The European Automobile Manufacturers Association, ACEA, explains that the proposal of 7 euros would lead to an increase in direct costs between 4 and 10 times more than those calculated by the European Commission. This regulation, which will come into force in July 2025, establishes stricter requirements when measuring pollutant emissions.

These direct costs of 7 euros will be joined by other indirect ones, such as increased fuel consumption. Vehicle life, this fuel could increase by 3.5%, adding €20,000 for trucks and €650 for vans.

The manufacturers have already warned about the increase in costs, now they are echoing a new study carried out by the Economic Frontier, which gives a more accurate account of what the regulation of 7 euros increases in the manufacturing costs of all vehicles (cars, vans, trucks and cars) .

The report estimates an increase of around €2,000 for cars and vans with internal combustion engines, and around €12,000 for diesel trucks and vans. The figures are clearly higher than the Commission’s estimates in its euro 7 impact assessment: €180-450 for cars and vans, and €2,800 for trucks and vans. These sums include only direct manufacturing costs, mainly equipment and finance.

These brands will stop the production of diesel and gasoline cars before the eu bans

Euro 6 and Euro 7 emissions

Manufacturers believe that the current Euro 6/6, EU standards have the broadest and strictest standards for pollutant emissions (such as NOx and particulate matter) in the world. Exhaust emissions have already been reduced to a barely measurable level by the state of the art vehicle technology.

Recent studies show that the renewal of the fleet of older and more polluting vehicles that incorporate Euro 6/VI, together with the electrification of new vehicles, will generate an 80% reduction in NOx emissions from road transport by 2035. 2020). During the same period, the 7 most stringent emissions (ie no NOx and particulate limits) would reduce NOx emissions from road transport by up to a further 4% for cars and vans and 2% for trucks, compared to Euro 6/VI.

A low environmental impact at a high price

“The European car industry is still starting to reduce emissions for the benefit of the climate, the environment and health. However, the Euro 7 proposal simply cannot do it right, since it would have an immediate environmental impact on the highest costs,” said Sigrid de Vries, ACEA’s CEO.

Direct costs are added to indirect costs “which are ignored in the assessment of the impact of the Commission”, explains ACEA. These would be added to the price of the vehicle “to meet the additional financial pressures on consumers and businesses at a time of high growth and rising energy prices.”

The new Euro 7 regulations have also been discussed a lot in Spain, where the president of the Spanish Association of Automobile and Truck Manufacturers (Anfac) and Seat and Cupra Wayne Griffiths, has already warned of the possibility that they will be in our country. factories closed and thousands of jobs cut, if the current proposal for 7 euro regulation will come into force.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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