Summit Notebook
Exclusive outtakes from industry leaders
Audio – Daimler warns emission rules could hurt economic growth
Andreas Renschler, the head of Daimler Trucks, told the Reuters Autos Summit in Frankfurt that the transportation industry could react negatively to stricter exhaust emission rules. New laws that require investments will raise transportation costs and that could lead to higher transport prices.
He said that especially in emerging countries, stricter rules could curtail economic growth.
His company is offering cleaner engines and working on the next generation of trucks but he said in the end the company’s clients needed to earn their living with their trucks and therefore costs needed to be contained.
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