--> Besonders betroffen GM, aber auch VW.
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China move to hit foreign automakers
SHANGHAI: Stringent new fuel economy standards in China will force multinational automakers to upgrade their vehicles as Beijing moves to regulate gas consumption and curb its growing dependence on oil, a US-based research group warned on Tuesday.
The regulatory tightening is set for two phases — one in 2005 and the other in 2008. When completed it will make fuel consumption standards overall more strict than the United States, the World Resources Institute said in a report.
While 66 per cent of autos sold in China currently meet the 2005 standards and 35 percent today would meet the 2008 levels, only four percent of Sport Utility Vehicles (SUVs) and minivans would meet next year’s changes.
"As a result, the standards are likely to disrupt the future plans for automakers who intend to introduce larger, more powerful vehicles into the Chinese market," the report said.
Furthermore, the new Chinese fuel economy standards would affect companies differently,"creating possible competitive and financial implications for automobile manufacturers with sales in China".
Sixty-eight percent of the 470,000 cars Germany’s Volkswagen sold in 2003 would meet the first round of changes next year but that would fall to 19 percent in the second phase.
France’s Peugeot Citroen’s entire fleet of autos already meets both standards, while General Motors will need to make the most fuel economy investments for phase one in 2005.
"GM is likely to face the highest cost in the industry to comply with both phase one and phase two standards because its vehicles have to cover the largest gaps in fuel efficiency to become compliant with the new regulations."
Along with Peugeot Citroen, Ford and Toyota are best positioned as their cars would need none or few improvements.
Kompletter Text unter:
<ul> ~ http://jang.com.pk/thenews/nov2004-daily/10-11-2004/business/b8.htm</ul>
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