<ul><li>The European Union is set to approve changes to CO2 emissions compliance rules for car manufacturers, potentially saving them billions in fines.</li><li>Manufacturers will now be able to average their emissions over 2025, 2026, and 2027 to meet CO2 targets, and can pool their emissions with other carmakers to avoid fines.</li><li>The change has been met with mixed reactions - some see it as giving automakers breathing space, while critics argue the industry has had enough time to adapt to stricter targets.</li><li>This decision marks another victory for carmakers, following the relaxation of Euro 7 emissions regulations last year, which preserved current restrictions on nitrogen oxide emissions and tailpipe particulates.</li></ul>

Europe relaxes CO2 emissions rules in win for carmakers

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