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Volkswagen Group and SOVAC to produce vehicles in Algeria

Green Car Congress

The Volkswagen Group has signed a contract for vehicle assembly in Algeria through a joint venture with SOVAC S.P.A., Volkswagen’s sales partner in the region. SOVAC has been a sales partner for the Volkswagen, Volkswagen Commercial Vehicles, Audi, SEAT, ŠKODA and Porsche brands since 2001. will produce selected Group models.

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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

This year Nissan will export the South African built Navara pickup trucks to new markets of Algeria, Libya, Sudan, Tunisia and Egypt, Nissan Africa product Marketing Director Stefan Haasbroek said.

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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

Green Car Congress

The first two vehicles will be the SEAT Tarraco and the CUPRA Ateca, which are going on sale at the end of 2018. The company operates in more than 80 countries, but only 15% of sales are made outside Europe. The EV launch comes as part of a product offensive, in which SEAT will launch one new car every six months until 2020.

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Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

Green Car Congress

This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long-term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. This transaction will bring to Total: 2.5

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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

Zhejiang Geely Holding Group set a new export sales record in December with 11,000 cars being exported during the month, which also helped the company increase its export sales over the course of 2012 by 164%. Geely’s December 2012 sales were pulled forward by a strong showing from the Emgrand series of vehicles.

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SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

Green Car Congress

In its first year as an independent brand, CUPRA was instrumental in increasing the company’s bottom line after sales went up by 40% to reach 14,400 units. Boosted by the Ateca and the Arona, selling models with a greater contribution margin helped the improvement of SEAT’s profit results.

Plug-in 207
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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Putin has aligned Russia with OPEC’s have-nots—the members lacking financial resources to withstand low crude prices for an extended period and that have objected to Saudi policies (Iran, Iraq, Angola, Nigeria, Libya, Algeria, Ecuador, and Venezuela)—against the haves (Saudi Arabia, Kuwait, the UAE, and Qatar).

Russia 150