The announcement enables VW to undershoot by 12g/km its
obligatory target for CO2 emissions. The company says it will invest €62.4
billion worldwide plus an extra €14 billion for China over the next five
years. Environmental campaigners welcomed the news, especially as
Volkswagen was one of the worst-performing car makers in T&E’s index for
carbon emissions, but said the 120g objective showed that the car industry
didn’t need to water down the originally proposed 120g target to 130g when
the EU’s emissions limits were agreed in 2009.