New emissions standards being proposed by the European Commission to limit the amount of carbon-dioxide levels emitted by cars manufactured in Europe will hurt German carmakers more severely than their French and Italian counterparts.
That’s the warning given by Porsche CEO Wendelin Wiedeking at the sports carmaker’s annual meeting on Friday. Wiedeking went on to describe the limits as a war-like assault, adding “it is an attack on BMW, Mercedes, Audi and ourselves, this is a business war in Europe. We will fight.”
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