Aston Martin And Ferrari To Be Fined After Exceeding EU Emissions

Ferrari and Aston Martin are set to be fined by the EU after failing to meet their emissions targets for 2015.

However, given the small number of vehicles the two high-end automakers produce, the fines won’t even make a dent in their respective bottom lines.

As a matter of fact, Autonews Europe reports that Ferrari will receive a fine of 410,760 euros (($429,662) while Aston Martin will only be fined 36,370 euros ($38,040).

In a report published by the European Environment Agency, it is revealed that in 2015, new cars sold in the EU emitted an average of 119.5 grams of CO2 per km, 8 per cent below the 130 g/km target set for last year.

However, four companies have been pinpointed as needing to speed up the reduction of their fleet emissions if they are to achieve the 2020/21 target. These firms are Fiat Chrysler Automobiles, Opel, Ford and BMW.

On the other hand, Peugeot, Citroen, Renault and Toyota are already close to achieving their 2021 targets.

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