EU Talks Delayed On Auto CO2 Rules, Small Cars Initiative

The EU meeting to discuss the 2035 ban on new combustion vehicles has been delayed to January. The meeting will address disagreements between Germany and France on the ban's details and the role of hybrids and e-Fuels. Industry leaders and countries like Germany seek flexibility, while France and green groups push for strict enforcement. UBS predicts a flexible outcome, focusing on a long-term powertrain mix and CO2 targets.