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

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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. mb/d in 2017. mb/d in 2017.

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Jato Dynamics: global auto sales up 5.6% in 2016, SUVs continue to surge

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in 2016 to 84.24 Declines in Japan, Russia and Brazil were offset by strong results in China and Europe, said Felipe Munoz, JATO’s Global Analyst. Expansion of the car purchase restrictions policy in China caused a slowdown in the market at the beginning of the year. 2016’s total was a significant 45% lower than the record 3.63

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

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US-based Summit Agricultural Group recently broke ground on the first large-scale corn ethanol production facility in Brazil. The production facility is being built in Lucas do Rio Verde in Mato Grosso, an agricultural state in west central Brazil and the country’s largest producer of corn and soybeans.

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Renault to increase engine production capacity in Brazil by 25%

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Renault’s engine plant in Brazil is to increase capacity by 25% between now and 2013. million powerplants to South American markets. million powerplants to South American markets. Brazil, the Renault group’s number-two market, is a key pillar in the Group’s international expansion strategy.

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

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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.

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

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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

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

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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.

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