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

Green Car Congress

billion) was substantially higher than the prior-year figure (up 14%); the operating return on sales rose to 6.7% (6.0%). 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$15.4 The lion’s share (€6.4

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

Use of Hydrous Ethanol in Brazil. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol.