fuel efficiency standards

PSA Group CEO Says Proposed 2020 CO2 Fines In Europe Would Create “Chinese Trojan Horse”

Now that the other talking points have been mostly expended, PSA Group CEO Carlos Tavares has moved on to a last-ditch effort. He is arguing against the European Union’s planned 2020 carbon dioxide auto industry fines (if compliance with fleet-level fuel-efficiency goals aren’t met) by saying that such a course of action will “create a Chinese Trojan Horse.”