Remove Argentina Remove Industry Remove Market Remove South Africa
article thumbnail

GE Transportation to Supply 100 Locomotives to Transnet in South Africa; First AC Diesel Electric Locomotive to Sub-Saharan Africa

Green Car Congress

GE South African Technologies (GESAT), GE Transportation’s entity in South Africa, will supply 100 locomotives to Transnet Freight Rail (TFR). TFR is South Africa’s state-owned rail freight logistics utility; Transnet Limited is its parent company. It feeds the port of Saldanha Bay, for export to a global market.

article thumbnail

Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
article thumbnail

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

Green Car Congress

In addition, Chevrolet set record first-half sales in many countries, including Argentina, Brazil, Chile, China, Colombia, Denmark, Ecuador, France, South Africa, and Turkey. For the first half of 2011, Chevrolet recorded sales gains in all of its top five markets, including: The United States, up 16%; Brazil, up 0.4%

Chevrolet 252
article thumbnail

Cooperation of Daimler and Renault-Nissan Alliance accelerates, strengthens in 2015

Green Car Congress

Carlos Ghosn, Chairman and CEO of the Alliance, described the partnership as “ one of the most productive in the auto industry. ”. It has accelerated the time-to-market for vehicle launches and has been an obvious strategic advantage for each partner. We look forward to its continued growth, with more joint projects in the future.

Nissan 150
article thumbnail

G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.

article thumbnail

GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets

Green Car Congress

GM gained four-tenths of a point of market share to 11.9% of the global vehicle industry. Sales were up in all four reporting regions—North America, South America, Europe and International Operations—as GM sold a total of 9,025,942 vehicles compared with 8,385,484 in 2010. GM is the market leader in both countries.

2011 218
article thumbnail

PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

The issue is further complicated by a slow market recovery in developed nations, but sustained growth in E7 economies which could lock economic growth into high carbon assets. Emerging markets’ previous trends on carbon emissions reductions linked to growth and productivity have stalled, and their total emissions grew by 7.4%.