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Thursday, April 25, 2024

Euro 7 truck prices could leap by €12,000, ACEA warns


The European Commission’s proposed Euro 7 regulation will increase the manufacturing costs of trucks to close to €12,000, the European Automobile Manufacturers’ Association (ACEA) is warning, writes Carol Millett.

It points to a study by Frontier Economics, commissioned by ACEA, which has found that the Euro 7 regulation will add per vehicle costs of around €2,000 for cars and vans with an internal combustion engine, and almost €12,000 for diesel trucks and buses.

These figures are four to ten times higher than the Commission’s estimates in its Euro 7 impact assessment (€180-450 for cars and vans, and €2,800 for trucks and buses).

The report notes that the EU estimates include direct manufacturing costs only, primarily for equipment and investments. It warns that these additional costs do not correspond with purchase prices. Price increases would therefore likely be higher than the figures cited in the assessment.

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