* EU "will go step too far" with 2025 emissions proposal
* EU 2020 target already tough to meet
* Affirms goal of record 2013 car sales, match opg. profit
MUNICH, Germany, May 14 German carmaker BMW
has criticised calls by European Union lawmakers for
even greater fuel efficiency by 2025, warning their demands
would hurt European industry in competition with the United
States and China.
EU politicians last month backed a 2025 target to cut
greenhouse gas emissions from vehicles to a range of 68 to 78
grams per kilometre (g/km) as an average for new EU cars.
"This is all about political wish-lists and has nothing to
do with technical analysis or feasibility," BMW Chief Executive
Norbert Reithofer said at the group's annual shareholders'
meeting on Tuesday.
"At some point, politicians will go a step too far," the CEO
said. "Europe is currently not in a strong enough position to
isolate itself from global competition in this way."
A compromise target of 95 g/km by 2020 already requires
"billions of euros" of investment and can't be met without
alternative drive technology, Reithofer said.
Munich-based BMW will this year start to mass produce its
Megacity electric vehicle, dubbed the i3.
Separately, the CEO affirmed targets to raise group auto
sales - including Mini and Rolls-Royce vehicles - to a new
record this year and to match last year's record pretax profit.
BMW also aims to increase investments and spending on
research and development beyond last year's levels, he said.
The company earlier this month posted a 15.9 percent drop in
first-quarter operating profit from its core car business,
weighed down by discounting in some markets and technology
costs, and Reithofer said the business environment was getting
"ever more uncertain and volatile".
(Reporting by Andreas Cremer; Editing by David Holmes)