What impact will the strategy have on the car industry? Would jobs be lost or moved outside the EU?
All manufacturers, wherever they come from, will be subject to the CO2 requirements when selling cars in the EU. The need to meet the mandatory target by 2012 will stimulate research and development, most of which would be done in the EU as far as EU car makers are concerned. It is worth noting that the most competitive auto industries are located in the regions where the most ambitious fuel efficiency standards are applied, namely Europe and Japan.
