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

Green Car Congress

The Volkswagen Group made progress in 2016 in overcoming its self-inflicted diesel crisis. Sales revenue in fiscal year 2016 rose by €4.0 In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3 billion (US$4.22

2016 150
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China to expand production and use of ethanol; 2020 E10 mandate would make China 3rd largest ethanol consumer

Green Car Congress

Years of government support for corn farmers—paying Chinese corn producers more than twice the international price level until 2016—have left China with a substantial stockpile. From 2004 to 2016, the average annual production growth rate was 16.8%, according to CARD. 2018 fuel ethanol production is forecast at 1.04

China 186
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Volkswagen Group to spend >$40B over next 5 years to develop electric mobility, autonomous driving, new mobility services and digitalization

Green Car Congress

In 2016, the corresponding capex ratio stood at 6.9%. The Volkswagen Group expects Brazil, China, Russia and North America to be the main growth drivers in the coming years. These companies finance the investments in the Chinese plants and products from their own resources. from 2020 onward.

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Volkswagen Group outselling GM in China

Green Car Congress

For the first nine months of 2016, retail sales by GM and its joint ventures in China increased 9% on an annual basis to a record 2,718,315 units. of those September 2016 deliveries. While the situation in Brazil in particular remained tense, there was significant growth on the Chinese market. China’s share of that 7.6

China 150
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. Prospects for 2016. Last year, Volkswagen sold 3.5

2015 150
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. The IEA projects Brazil’s output, despite Brazilian political turmoil, growing 6.45 percent in 2016. million barrels/day in 2014 to 7.55

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. Electric bus (e-bus) sales are the second-largest category, although annual investment in the segment has decreased from $21 billion in 2016 to $11 billion in 2020. Spain was up 16% at $10 billion, Brazil up 23% at $8.7

2020 259