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2017 sales of BMW Group electrified vehicles top 50,000 units

Green Car Congress

Sales of our electrified vehicles continue to develop extremely well, with all nine of our electrified cars playing their role in this success. —Dr Ian Robertson, Management Board Member for Sales and Brand BMW. Global BMW brand sales in July were at last year’s extremely high level. compared with the same month last year.

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

Green Car Congress

The Group therefore reached not only its targets for 2016 but also a new record, helped in particular by increases in Western and Central European markets and in the Asia-Pacific region. The Volkswagen Group expects the global economy to record slightly higher growth in 2017 than in the previous year. in 2017.

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Volkswagen to offer refreshed Tiguan with new plug-in hybrid powertrain in Europe

Green Car Congress

This versatile vehicle is available for sale in 80% of countries in the world and is the most successful SUV on the market in Europe. The product line was revamped again in 2017 with the debut of a second Tiguan model—an XL version with a wheelbase extended by 4.3 inches, up to seven seats, and a bespoke design.

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Petrobras sells sugar, ethanol and petrochemical assets for US$587 million

Green Car Congress

Petrobras acribed its failure to meet the target to its obligation to comply with the preliminary injunction of the Sergipe Court that blocked the completion of the negotiations for sale of the Tartaruga Verde and Baúna fields, located in the Campos Basin and the Santos Basin, respectively, which were already at an advanced stage.

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Pike Research forecasts global stop-start vehicle sales to reach 37M units annually by 2020; 16:1 ratio over HEVs

Green Car Congress

Annual sales of SSVs and hybrid electric vehicles (HEVs), world markets, 2011-2017. Global sales of stop-start vehicles (SSVs) will experience strong growth in the coming decade, rising from 3 million units in 2011 to 37.3 At that level, SSVs will represent more than one-third of all light-duty vehicle sales, Pike notes.

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CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China

Green Car Congress

The parties expect the closing will occur in December 2017. The parties expect Sinotruk to be a significant purchaser of electric drive trains from the JV for Sinotruk’s commercial vehicles and other customers will be identified for sales as well.

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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

In 2017, Ford announced it would invest $1 billion over five years in Argo AI—an artificial intelligence software startup founded by former Google and Uber leaders—to develop an SAE Level 4 virtual driver system for the automaker’s autonomous vehicle coming in 2021, and for potential license to other companies. Earlier post.).

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