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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3 from 9.931 million in 2015. million vehicles to customers worldwide in the past fiscal year—up 3.7%

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Petrobras sells sugar, ethanol and petrochemical assets for US$587 million

Green Car Congress

The Petrobras Board of Directors also approved the sale of Companhia Petroquímica de Pernambuco (PetroquímicaSuape) and Companhia Integrada Têxtil de Pernambuco (Citepe) to two subsidiaries of the Mexican company Alpek, for US$385 million. billion in the period 2015-2016—below the US$15.1-billion

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Volkswagen Group outselling GM in China

Green Car Congress

The Volkswagen Group is having a very strong sales year so far in China. to 382,300 units compared to September 2015. While the situation in Brazil in particular remained tense, there was significant growth on the Chinese market. Consequently, our deliveries for the period from January to September exceeded the 2015 level.

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GM and SAIC Motor to partner on all-new vehicle family for global growth markets; $5B investment from Chevrolet

Green Car Congress

Vehicles will be manufactured and sold in several markets including Brazil, China, India and Mexico, and exported for sale to other important growth markets. With a significant majority of anticipated automotive industry growth in 2015 to 2030 outside of mature markets, Chevrolet is taking steps to capitalize on that growth.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

The US market will experience single digit growth, primarily due to the relatively strong year for sales in 2011, and the effects of the weak economy that will continue to impact new vehicle demand through most of 2012. Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% Source: Polk.

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