The Business Times
SUBSCRIBERS

Renault sees diesel disappearing from most of its European cars

Tougher standards and testing methods will increase technology costs to the point where diesel is forced out of the market

Published Wed, Sep 7, 2016 · 09:50 PM

Paris

RENAULT expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French carmaker reviewed the costs of meeting tighter emissions standards following the Volkswagen (VW) scandal.

The sober reassessment was delivered at an internal meeting before the summer break. It shows how, a year after VW admitted engineering software to cheat US diesel emissions tests, the repercussions are forcing major European carmakers to rewrite strategic plans that will shape their futures for years to come.

Ren…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here