article thumbnail

Summit Ag Group breaks ground on $115M corn ethanol plant in Brazil

Green Car Congress

US-based Summit Agricultural Group recently broke ground on the first large-scale corn ethanol production facility in Brazil. The $115-million plant is an international collaboration between Summit and Brazilian agribusiness Fiagril. Bank of America has estimated that annual ethanol sales in Brazil could reach 13.5

Brazil 150
article thumbnail

Audi newly to begin production in Brazil in 2015; $200M investment in Curitiba

Green Car Congress

Beginning in 2105, Audi AG will produce the new Audi Q3 and the new A3 Sedan on the premises of Volkswagen’s Curitiba plant in São José dos Pinhais, Brazil. The plans for Brazil are part of Audi’s international expansion plans. The company also plans to produce cars in Mexico as of 2016.

Brazil 199
article thumbnail

Renault to increase engine production capacity in Brazil by 25%

Green Car Congress

Renault’s engine plant in Brazil is to increase capacity by 25% between now and 2013. Brazil, the Renault group’s number-two market, is a key pillar in the Group’s international expansion strategy. Renault is aiming for an 8% share of the market by 2016. million engines, of which 335,813 in 2011.

Brazil 199
article thumbnail

IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.

Brazil 218
article thumbnail

Ford Mustang was the top-selling sports car in the world in 2016; strong surge in exports

Green Car Congress

Ford Mustang, the top-selling sports car in the US over the last 50 years, became best-selling sports car in the world in 2016, according to Ford analysis of IHS Markit global automotive registration data in the sports car segment. More than 150,000 Mustangs were sold in 2016, according to IHS Markit new vehicle registration data.

2016 150
article thumbnail

Nissan launches expanded strategy for Brazil with new $1.4B manufacturing plant; Renault boosting production capacity there by 100,000 units

Green Car Congress

The Brazilian factory, scheduled to begin production in the first half of 2014, will have the capacity to produce up to 200,000 units annually of Nissan’s ‘V’ platform products for sale in Brazil. Since 2001 Nissan has grown its presence and volumes in Brazil, Russia, India and China from less than 50,000 units to nearly 1.2

Brazil 186
article thumbnail

Wrightspeed partners with AxleTech on heavy-duty electric drive

Green Car Congress

a developer and manufacturer of heavy-duty range-extended electric vehicle (REV) powertrains ( earlier post ), has partnered with AxleTech International, a leading manufacturer of heavy-duty specialty drivetrain systems. Wrightspeed Inc., Click to enlarge.