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Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

Green Car Congress

The Volkswagen Group will invest around €51.6 billion), the Group will spend most of the total amount to be invested in property, plant and equipment in the Automotive Division on modernizing and extending the product range of all its brands. The Group is trying to complete a complex merger with Porsche. billion (US$76.5

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Benteler-SGL inaugurates new composites production facility in Austria

Green Car Congress

Benteler-SGL GmbH, a joint venture between Benteler Automobiltechnik GmbH and SGL Group, has inaugurated its new production facility in Ort im Innkreis, Austria. The 45,000 m² site will begin manufacturing composite automotive components in serial production beginning in mid-2013. KG was founded in 2008. Benteler-SGL GmbH & Co.

Austria 225
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MINI realigning model range with emphasis on electromobility; crossover & premium compact segments; and China

Green Car Congress

The British premium automobile manufacturer MINI is realigning its model range, with a focus on drivetrain technologies, vehicle segments and services of the future. In 2008, MINI was a trailblazer for electromobility in the BMW Group.

China 170
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Audi releases DEKRA-certified corporate carbon footprint

Green Car Congress

The Audi Group has calculated its corporate carbon footprint and is the first premium automobile manufacturer to be certified according to the international standard ISO 14064. Audi made a detailed assessment of emissions in all automobile lifecycle phases; experts of DEKRA Certification GmbH and DEKRA Certification Inc.

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China BAK to Supply Li-ion Batteries for Electric Bus Project in China

Green Car Congress

one of the largest lithium-ion battery cell manufacturers as measured by production output, has begun to execute a contract with Jilin Hi-tech Electric Vehicle Co., Ltd, an affiliated company of First Automobile Group Co., China BAK Battery, Inc., Xiangqian Li, CEO of China BAK. Earlier post ).

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. Registrations of SUVs fell by 48% to 338,300 units while increasing their market share to almost 40%.

Europe 261
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GM China and FAW Establish Light Commercial Vehicle Joint Venture

Green Car Congress

General Motors China and China FAW Group Corp. which is located in Ha’erbin, Heilongjiang, and FAW’s share in Hongta Yunnan Automobile Manufacturing Co., In December 2008, the two parties signed a joint venture contract. have formed a light commercial vehicle joint venture: FAW-GM Light Duty Commercial Vehicle Co.

Light 210