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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. Profit attributable to the Chinese joint ventures was down slightly in the reporting period, as expected. billion (US$7.71 billion) and €5.4

2016 150
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Tesla’s Tom Zhu takes over North America sales, service & deliveries

Teslarati

Tesla’s global vice president and CEO of the Greater China region, Tom Zhu, took over responsibilities for sales, service, and deliveries in North America, Electrek reported , citing sources familiar with the matter. Reuters reported that Zhu traveled with a team including Song Gang, Tesla’s Shanghai Gigafactory.

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

Green Car Congress

through its wholly owned subsidiary, Sinotruk (BVI) Limited (collectively, CNHTC”, the parent company of Sinotruk, a leading Chinese commercial vehicle manufacturer. After a long and thorough process to find the right strategic partner to enter the China market and expand globally, we are thrilled to be joining forces with CNHTC.

China 150
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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. from a market for Russian crude and natural gas (via LNG) to a global competitor. into a major (potential) LNG competitor in global LNG import markets, and, via the U.S.

Russia 150
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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

The battery-powered cars that Chinese companies are showing are intended to be much less expensive than those planned by big foreign companies. Chevrolet Volt plug-in hybrid, which is expected to sell for $40,000 when it goes on sales in the U.S. Gasgoo.com | ?? | Brilliance Jinbei Automobile Co. and Chery Automobile Co. in late 2010.

China 28
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GM, Segway to Make Vehicle - WSJ.com

Tony Karrer Delicious EVdriven

More BigCharts Virtual Stock Exchange FiLife.com WSJ Asia WSJ Europe WSJ Portuguese WSJ Spanish WSJ Chinese SEARCH Welcome, Logout My Account My Online Journal Help Message Center ( new) U.S. Hong Kong Joins Global Ark Regatta 3. Edition WSJ.com is available in the following editions and languages: U.S. Home World U.S.

GM 57
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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

The continued significant sales growth of these vehicles is due in part to the increasing availability of the BMW 5 Series plug-in hybrid, which in some markets accounts for up to a third of BMW 5 Series sedan sales. —Dr Ian Robertson, BMW AG Management Board Member for Sales and Brand BMW.

BMW 150