By Paul Homewood
From The Telegraph:
The net zero crackdown on combustion engines could force the maker of Vauxhall to scale back its presence in Britain, its boss has warned.
Carlos Tavares, chief executive of Stellantis, said that a law to limit petrol car sales was “terrible for the UK” and would force manufacturers to sell vehicles at a loss.
If ministers did not make urgent changes to the rules, he suggested Stellantis could be required to slash the number of cars it sells in Britain – and refused to rule out halting sales of some models altogether.
A source close to the company said the more likely option was that sales could be restricted or that it would be forced to put up prices to compensate.
Asked whether the maker of Vauxhall and Citroën cars could stop selling models in the UK, he replied: “I’m not going to sell cars at a loss.”
This is exactly as I predicted last year.
Motor manufacturers cannot afford the punitive fines imposed by ZEVs, leaving no alternative but to cut back on production of ICE cars, coupled with a price increase.