Summit Notebook

Exclusive outtakes from industry leaders

Audio – Daimler warns emission rules could hurt economic growth

November 19, 2007

129650_192829_175_175_renschler_175.jpgAndreas 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┬ácosts needed to be contained.

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