Mercedes CEO Seeks Softer CO2 Emissions Rules, Handelsblatt Says

  • Kaellenius calls targets ‘hardly achievable,’ backs ACEA ideas
  • Endorses Mario Draghi’s plan to boost Europe’s competitiveness
Ola KaelleniusPhotographer: Alex Kraus/Bloomberg
Lock
This article is for subscribers only.

The chief executive of Mercedes-Benz Group AG called for an easing of emissions rules and is backing Mario Draghi’s proposals to boost European competitiveness, according to an interview published on Sunday.

Ola Kaellenius told Handelsblatt journalists that the German automaker agrees with the position of the European Automobile Manufacturers’ Association (ACEA), of which it’s a member, calling for “urgent action” ahead of emissions targets that could cost the industry billions of euros in fines.