This month Fiat Chrysler revealed it had purchased 8.2 million megagrams emissions credits in 2014 despite being within compliance of emissions regulations that year. This might raise some eyebrows, but as Road & Track reports, when you’re only hybrid car is the 949 horsepower LaFerrari, stockpiling all the emissions credits you can won’t hurt.
Automakers earn emissions credits for cars that exceed emissions standards and can then turn around and sell them to other automakers looking to offset the emissions of an inefficient product portfolio. In the case of Fiat Chrysler, it purchased credits from Honda, Tesla and Toyota, spending an estimated $344 million for them, according to Forbes data.
Fiat Chrysler did earn some of its own emissions credits in 2014 for making some fuel-saving improvements to its vehicles. These included switching to a new air-conditioning refrigerant that is less harmful to the environment, using more LED lights and implementing eight- and nine-speed transmissions. Additionally, it will finally enter the hybrid vehicle fray next year when it introduces a plug-in variant of the next-generation Chrysler Town & Country Minivan.
Fiat Chrysler CEO Sergio Marchionne is not entirely convinced of the selling power of hybrid vehicles, but as time goes on he’ll have no choice but to resort to the technology in order to meet federal emissions regulations. But for now, expect the automaker to continue to rely heavily on sales of its less efficient, larger vehicles like those from Jeep and Ram to keep its business thriving.