Remove 2017 Remove Asia Remove For Sale Remove Global
article thumbnail

Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

Ford Motor Company and Volkswagen AG are expanding their global alliance to include electric vehicles—and will collaborate with Argo AI to introduce autonomous vehicle technology in the US and Europe. With the addition of AID employees, Argo AI will grow from 500 to more than 700 employees globally. Earlier post.).

Ford 262
article thumbnail

2017 sales of BMW Group electrified vehicles top 50,000 units

Green Car Congress

Despite continuing headwinds in the USA, as well as the model changeover of the BMW X3 and the BMW 5 Series in China, we were still able to achieve last year’s high sales levels, due to our policy of balanced global sales growth. —Dr Ian Robertson, Management Board Member for Sales and Brand BMW. year on year.

BMW 150
article thumbnail

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

Green Car Congress

The Group therefore reached not only its targets for 2016 but also a new record, helped in particular by increases in Western and Central European markets and in the Asia-Pacific region. The Volkswagen Group expects the global economy to record slightly higher growth in 2017 than in the previous year. in 2017.

2016 150
article thumbnail

Pike Research forecasts global stop-start vehicle sales to reach 37M units annually by 2020; 16:1 ratio over HEVs

Green Car Congress

Annual sales of SSVs and hybrid electric vehicles (HEVs), world markets, 2011-2017. Global sales of stop-start vehicles (SSVs) will experience strong growth in the coming decade, rising from 3 million units in 2011 to 37.3 At that level, SSVs will represent more than one-third of all light-duty vehicle sales, Pike notes.

2020 225
article thumbnail

CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China

Green Car Congress

The parties expect the closing will occur in December 2017. The parties expect Sinotruk to be a significant purchaser of electric drive trains from the JV for Sinotruk’s commercial vehicles and other customers will be identified for sales as well. In all respects, CNHTC definitely meets all of these criteria.

China 150
article thumbnail

HyBoost concept achieving close to Prius-level CO2 emissions; aggressive downsizing with advanced boosting and micro-hybrid system

Green Car Congress

According to a recent report from Pike Research, sales of vehicles equipped with stop-start systems—one of the synergistic technologies highlighted in the HyBoost concept—will grow rapidly in the coming decade, rising from 3 million units in 2011 to 37.3 SSVs are already outselling hybrids globally by a factor of 3.5

article thumbnail

BMW Group electrified global sales top 10,000 in single month for first time; up 64.2% YTD; 3.8% of total sales

Green Car Congress

BMW Group sales of electrified vehicles in September topped the 10,000 mark for the first time in a single month; a total of 10,786 (+50.5%) BMW i, BMW iPerformance and MINI Electric vehicles were delivered in September, bringing the year-to-date total to 68,687 (+64.2%). September also saw growth in overall BMW Group sales.

BMW 150