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Navigant: sales of light duty vehicles to total more than 2.1 billion from 2015 to 2035

Green Car Congress

According to a recent report from Navigant Research, total sales of LDVs are expected to total more than 2.1 billion from 2015 to 2035. Navigant forecasts global annual LDV sales to grow from 88.8 million vehicles in 2015 to 122.6 million in 2035.

2015 150
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BASF boosts support for sustainable road construction with global distribution rights for RheoFalt rejuvenator

Green Car Congress

Since 2015, Ventraco has been conducting research at its Innovation Center to optimize existing solutions and develop new ones. We are pleased to have won BASF for sales and the joint further development of our RheoFalt product. Mario Sandor, Head of Business Management Asphalt Performance at BASF.

Global 397
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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

Sales revenue in fiscal year 2016 rose by €4.0 billion) was substantially higher than the prior-year figure (up 14%); the operating return on sales rose to 6.7% (6.0%). from 9.931 million in 2015. The Volkswagen Group expects the global economy to record slightly higher growth in 2017 than in the previous year.

2016 150
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GM and SAIC Motor to partner on all-new vehicle family for global growth markets; $5B investment from Chevrolet

Green Car Congress

General Motors and SAIC Motor are enhancing their partnership through an agreement jointly to develop the core architecture and engine of a new vehicle family targeting global growth markets. —Mark Reuss, GM executive vice president, Global Product Development, Purchasing and Supply Chain.

Chevrolet 150
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Ford, VW sign agreements for joint projects on commercial vehicles, electrification, autonomous driving

Green Car Congress

Ford Motor Company and Volkswagen AG signed agreements that expand their global alliance ( earlier post ) to meet rapidly evolving needs of their respective customers in Europe and other regions by leveraging complementary strengths in midsize pickup trucks and commercial and electric vehicles.

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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

Green Car Congress

Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK. With the rapid global growth in online shopping, the volume of light commercial vehicles in urban areas has increased.

Kia 259
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Volvo Cars selects South Carolina for its first US plant

Green Car Congress

The new plant will make latest generation Volvo models for sale in the United States and for export. Construction will begin in early autumn 2015, with the first vehicles expected to roll off the assembly line in 2018. It already operates two plants in Europe and two in China. It already operates two plants in Europe and two in China.