German carmakers urge drastic change in EU CO2 plan


FRANKFRT, Dec 19 (Reuters) - German carmakers association VDA urged the European Parliament and European Union member states to rewrite what it called badly flawed proposals for levying steep fines on manufacturers whose fleets break limits on carbon dioxide emissions. "The compensation payments proposed by EU President (Jose Manuel) Barroso and EU Commissioner (Stavros) Dimas are way too high and exceed comparable payments from other sectors by as much as 23 times," VDA President Matthias ...

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