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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world. To this end, we are investing one billion euros in South America by 2026.

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Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

Green Car Congress

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. Carrying the 1.5TD engine, it has a maximum power of 132 kW, while its maximum torque is 255 N·m.

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Hitachi Automotive Systems, Keihin, Showa, and Nissin Kogyo begin operations as Hitachi Astemo; CASE-driven mobility solutions

Green Car Congress

As a global mega-supplier, Hitachi Astemo will create advanced mobility solutions in its core businesses of powertrain systems, chassis systems and advanced driver assistance systems for both automobiles and motorcycles.

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It begins: Ethiopia set to become first country to ban internal combustion cars

Baua Electric

In response, Ethiopia’s Transport and Logistics Ministries have announced that automobiles cannot enter Ethiopia, unless they are electric. (!) Details were scarce, but he has announced that, “ a decision has been made, that automobiles cannot enter Ethiopia unless they are electric ones.” Hang on,” I responded. “I

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Tata Motors commits almost $50M to UK National Automotive Innovation Campus

Green Car Congress

Tata Motors Limited, India’s largest automobile manufacturer, has confirmed its long term commitment to advanced research and development in the UK through the participation of its subsidiary, Tata Motors European Technical Centre (TMETC), in the UK’s National Automotive Innovation Campus (NAIC). Earlier post.).

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Honeywell Global Turbo Forecast projects 49M turbocharged vehicle sales, $12B revenue per year by 2019

Green Car Congress

Automakers are turning to downsized turbocharged engines to satisfy more stringent global fuel economy and emission regulations and customer demand for better-performing vehicles. In addition to improving fuel efficiency, downsized turbocharged engines also reduce harmful exhaust emissions. Regional growth projections.

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Mazda and Sumitomo to establish vehicle production plant in Mexico and sales company in Brazil

Green Car Congress

The Mexico production facility will be established as a compact vehicle manufacturing hub mainly for Central and South America, and will include both vehicle and engine assembly plants. Currently, Brazil is the world’s fourth largest automobile market following China, the United States and Japan. million units.

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