Remove 2009 Remove Auto Industry Remove Industry Remove Motor
article thumbnail

Hyundai Mobis to invest $926M in EV systems plant in Georgia

Green Car Congress

Hyundai Mobis has operated a manufacturing facility with almost 1,200 employees in West Point since 2009 as the largest Tier 1 supplier to Kia Georgia. Hyundai Mobis’ investment project in Bryan County reflects an acceleration in the development of the EV supply chain in Georgia’s auto industry.

Georgia 186
article thumbnail

Auto Industry Backs Additional Funding for Research into Impacts of Mid-Level Ethanol Blends

Green Car Congress

The auto industry in principle is not opposed to the introduction of such mid-level blends (i.e., The industry also has suggested that rather than make incremental changes to the amount of ethanol blended with gasoline to increase ethanol consumption, a better investment would be to expand the E85 infrastructure. Earlier post.)

article thumbnail

Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

article thumbnail

All Western European Countries Will Have CO2-Related Car Taxation This Year; European Auto Industry Urges Harmonization of Schemes

Green Car Congress

The annual Tax Guide gives an overview of motor vehicle taxation in the twenty-seven Member States of the European Union, the countries of the European Free Trade Association as well as Turkey. In 2008, motor vehicle taxes in the EU 15 added up to €378 billion (US$501 billion) or 4.1%

CO2 150
article thumbnail

GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. GM was the first company in the Brazilian auto industry to provide 100% of its spark-ignited vehicles as flex-fuel. The 2010 Agile. Click to enlarge. GM began doing business in Brazil in 1925.

Chevrolet 280
article thumbnail

Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

MG, the legacy British emblem owned through China’s SAIC Motor Corp. since 2009, bought greater than 100,000 automobiles in Europe closing generation and says it recently has greater than 800 distribution issues at native automotive sellers throughout Europe and the United Kingdom. Sellers, although, stay central.

Chinese 52
article thumbnail

GM to buy back 200M shares held by US Treasury for $5.5B

Green Car Congress

General Motors today will purchase 200 million shares of GM common stock held by the US Department of the Treasury for $5.5 Government ownership of GM stock was the result of the auto industry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009.

GM 259