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Volkswagen Group to Invest 4B by 2011 to Expand Activities in China

Green Car Congress

Between 2009 and 2011, the Group is to invest a total of €4 billion (US$5.8 The investments are to be financed from the cash flow of the Chinese joint venture companies. In China, we will see clear double-digit growth in 2009 and expect to remain the market leader in the future. percent) in the first half of 2009.

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Volkswagen Adding 1.6B to Investment for China; 6B Total

Green Car Congress

With the new total of €6 billion (US$8 billion), the Group intends to maintain and reinforce its leading position on one of the key sales markets of the automobile industry. In the first quarter of 2010, the Volkswagen Group delivered a total of 457,259 vehicles (2009: 284,146 vehicles, +60.9

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. Additionally, in 2012 the Chinese Ministry of Finance announced it would provide annual subsidies up to two billion yuan ($323.6 Consumption of gasoline in China grew from 0.9

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

While this is a threat for business, there are also opportunities to grow commerce and create jobs, and to innovate to address the needs of growing populations for agriculture, sanitation, education, technology, finance, and healthcare. Urbanization: In 2009, for the first time, more people lived in cities than in the countryside.

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SGL Group and BMW Group Establish Carbon Fiber-Joint Venture; BMW Will Use Output in the Megacity Vehicle

Green Car Congress

This joint venture with the BMW Group is a milestone for the use of carbon fibers on an industrial scale in the automobile industry. BMW Group will use its favorable access to the capital markets to ensure the funding of the debt financing for the joint venture. The contract closing is targeted for the end of 2009.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Volkswagen is Europe’s largest automaker, and saw its global new vehicle market share increase to 11% during the first quarter of 2009. We have rock-solid finances. We have nine strong brands that work well together. We have a huge technological potential, despite the crisis. 2 -neutral fuels play another key role.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

Posted by: AJ | Apr 13, 2009 3:24:59 PM Dont buy the hype, version 1 was the EV1 which GM released in 1996. Posted by: Na | Apr 13, 2009 4:28:53 PM 18 models that get 30 mpg, yeah right! Posted by: J-Bob | Apr 13, 2009 4:48:10 PM "Dont buy the hype, version 1 was the EV1 which GM released in 1996. It is 12 years later.

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