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GM to invest $450M in Argentina

Green Car Congress

General Motors will invest $450 million between 2013 and 2015 to expand its Rosario Automotive Complex to build an all-new global Chevrolet vehicle, Chairman and CEO Dan Akerson said Wednesday. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011.

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Chevrolet sets first-half global sales record with 2.35M units; 14% growth

Green Car Congress

million vehicles globally in the first six months of 2011, the best half-year performance in Chevrolet’s 100-year history. Chevrolet sold 286,499 more vehicles in the first half of 2011 than the same time period of 2010, a 14% increase year over year. Chevrolet sold 2.35 Click to enlarge.

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Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

Green Car Congress

Rising global vehicle sales and profitability have encouraged automakers to continue to increase vehicle production, providing the global economy with some positive offset to the dampening impact of the recent surge in energy prices, according to the latest Global Auto Report released on Friday by Canada-based Scotia Economics.

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Worldwatch Institute: global biofuel production fell in 2012 for first time since 2000

Green Car Congress

In 2012, the combined global production of ethanol and biodiesel fell for the first time since 2000, down 0.4% from the figure in 2011, according to the Worldwatch Institute’s latest Vital Signs Online report. Global ethanol production declined slightly for the second year in a row, to 83.1 billion liters in 2011 to 22.5

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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

Green Car Congress

Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. The earlier EIA/ARI study from 2011 stimulated new work on shales in many countries (e.g., Report terminology.

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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

The price increases in China follow the increases in global lithium product prices, including lithium carbonate, announced by major producers Rockwood Lithium and FMC Lithium this year. Rockwood Lithium announced in early May 2012 to lift global lithium salts prices by 22% or US$1,000 per metric tonne, effective 1 July 2012.

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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

Green Car Congress

In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. The US is second, with 862 Tcf, followed by Argentina with 774 Tcf and Mexico with 681 Tcf. In terms of recoverable shale gas resources, China takes the top spot, with an estimated 1,275 Tcf. Background.

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