Daimler CEO warns on emission targets

|By:, SA News Editor

Daimler CEO Ola Kallenius says the company "can’t rule out" missing emissions targets in 2020 and 2021 if customers are reluctant to buy more hybrid and electric cars.

"We have all the right vehicles on offer to reach those targets. Having said that, we cannot mandate what the customer buys. The 2021 targets are a significant challenge," he stated.

Kallenius made the comments on the sidelines of the Frankfurt Motor Show.

Shares of Daimler are up 1.18% in Frankfurt trading.

Subscribe for full text news in your inbox