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Volkswagen to offer refreshed Tiguan with new plug-in hybrid powertrain in Europe

Green Car Congress

Volkswagen will unveil a refreshed Tiguan SUV later in 2020, featuring new front and rear styling, a redesigned interior and new powertrains, including a plug-in hybrid version for the European market. This versatile vehicle is available for sale in 80% of countries in the world and is the most successful SUV on the market in Europe.

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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 Profit attributable to the Chinese joint ventures was down slightly in the reporting period, as expected. from 9.931 million in 2015. in 2017.

2016 150
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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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Volkswagen Group outselling GM in China

Green Car Congress

While the situation in Brazil in particular remained tense, there was significant growth on the Chinese market. There was solid development in deliveries on the home market of Germany as well (+3.9%). The South American market remained difficult in September. The Volkswagen Group delivered 3.18 down on the previous year.

China 150
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Volvo Group to acquires 45% of Dongfeng Commercial Vehicles for $900M; Volvo to become world’s largest manufacturer of heavy-duty trucks

Green Car Congress

China is the world’s largest truck market. AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV), which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. The emergence of the U.S.,

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Magna aims to sell EVs in China through JV with BAIC

China EV

Drobnak heads up Magna Steyr’s Asia business. China “is a large market, BAIC is a strong partner. The large market, that is. In 2017, China was the world’s largest market for electric vehicles , including battery electric and plug-in hybrid electric vehicles. The first (markets for EVs) are always fleets,” he says.

China 52