Volvo Cars says new generation of diesel engines could be the last, says CEO
Berlin — Swedish car maker Volvo’s latest generation of diesel engines could be its last as the cost of reducing emissions of nitrogen oxide is becoming too much, CE Hakan Samuelsson was quoted as saying on Wednesday. "From today’s perspective, we will not develop any more new generation diesel engines," Samuelsson told German’s Frankfurter Allgemeine Zeitung in an interview. However, a Volvo Cars spokesman said on Wednesday Samuelsson had been discussing options rather than a firm plan to stop the further development of diesel engines. Samuelsson later said he believed diesel would still play a crucial role in the next few years in helping the company meet targets to reduce emissions of carbon dioxide, being more fuel-efficient than petrol engines. "We have just launched a brand new generation of petrol and diesel engines, highlighting our commitment to this technology.
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