Advertisement
UK markets closed
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • CRUDE OIL

    82.80
    -0.01 (-0.01%)
     
  • GOLD FUTURES

    2,329.00
    -9.40 (-0.40%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • Bitcoin GBP

    51,614.23
    -1,714.86 (-3.22%)
     
  • CMC Crypto 200

    1,385.35
    -38.75 (-2.72%)
     
  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

Mercedes 'can't guarantee' meeting EU carbon goals - CEO

Daimler CEO Dieter Zetsche holds a news conference to unveil new Mercedes G-Class models at the North American International Auto Show in Detroit, Michigan, U.S. January 14, 2018. REUTERS/Jonathan Ernst

DETROIT (Reuters) - Daimler AG's (DAIGn.DE) Mercedes-Benz faces a tough challenge to meet the next round of European CO2 goals and may fall short, Chief Executive Dieter Zetsche said on Monday.

The German luxury carmaker still aims to hit its target of 100 grammes of carbon dioxide per kilometre, Zetsche told reporters at the Detroit auto show.

"I can't guarantee we will be compliant," he said. "Our objective is to be compliant ... but not every parameter is under our control."

Asked whether Mercedes would slash electrified vehicle prices to meet CO2 targets, Zetsche said protecting the brand would also weigh in the balance when comparing compliance costs with fines.

"It's not a pure economic question," he said. "There might be some reputational aspect in there as well."

(Reporting by Laurence FrostEditing by Chizu Nomiyama)