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Fiat Chrysler buys emissions credits from Toyota

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THEMA: Fiat Chrysler buys emissions credits from Toyota

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Fiat Chrysler buys emissions credits from Toyota 17.12.2015 15:54 - vor 8 Jahren, 4 Monaten

WASHINGTON (Reuters) -- Fiat Chrysler Automobiles, which lags the auto industry in fuel efficiency, purchased U.S. greenhouse gas emissions credits from rival automakers Toyota Motor Corp., Tesla Motors Inc. and Honda Motor Co., a government report said today.

The Environmental Protection Agency said FCA has purchased about 8.2 million megagrams of emissions credits. A megagram is equal to 1,000 kilograms and is calculated on emissions saved over legal requirements.

The new purchases include 5.5 million in credits from Toyota and Honda and about 1 million from Tesla.

Fiat Chrysler had a credit balance of 13.8 million credits at the end of the 2014 model year.

This is the first time Toyota has chosen to sell credits.

www.autonews.com/article/20151216/OEM11/...m-tesla-toyota-honda

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