Reuters Summit-Ferrari looks to cut CO2 emissions in new cars

(For other news from the Reuters Autos Summit, clickhere)

FRANKFURT, Nov 19 (Reuters) - Ferrari aims to have future models of its luxury sports line consume 40 percent less fuel by 2012 in response to the growing pressure on car makers to reduce CO2 emissions from their vehicles.

Amedeo Felisa, general manager of the Italian luxury sports car maker, said Ferrari wanted to reduce CO2 emissions from 400 grams per kilometre to 280-300 grams per kilometre.

“We have to face the challenge of reducing consumption but not affecting the performance of the car,” he said at the Reuters Auto Summit in Frankfurt. “Otherwise we move (away) from our position in the market and we do not want to do that.”

Felisa said Ferrari engineers were looking at everything from improving the performance of the engine to using lighter materials for the body of the car.

“The answer is efficiency,” he said.

The European Commission is preparing legislation to require average CO2 emissions from new cars to come down to 120 grams per km by 2012.

All of the major car makers in Europe are far away from that goal but some are making progress.

(For more on the Reuters Auto Summit, see [nN18342520]

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(Reporting by Gilles Castonguay; editing by Paul Bolding

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