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Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

The Volkswagen Group and GAZ Group have extended their manufacturing agreement for Volkswagen and ŠKODA models in Russia until 2025. TDI engines for GAZ light commercial vehicles, opening up new business opportunities in international markets. Petersburg and other major cities in Russia as well as some export markets.

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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

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The partnership with Arrival will help Hyundai and Kia meet the rapidly growing demand in Europe for eco-friendly commercial vehicles, and accelerate the brands’ transformation from car makers to clean-mobility providers. Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK.

Kia 259
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Rio Tinto and Alcoa announce world’s first carbon-free aluminum smelting process; Apple assist; Elysis JV to commercialize

Green Car Congress

This represents 90% of Canada’s production, which ranks fourth in the world behind that of China, Russia and the Middle East. Apple helped facilitate the collaboration between Alcoa and Rio Tinto on the carbon-free smelting process, and has agreed to provide technical support to the JV partners.

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

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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 in 2017.

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Is A Second OPEC Cut In The Cards?

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According to its latest Monthly Oil Market Report published in February, total OECD commercial oil stocks fell in December 2016 (before the cuts took effect) to stand at 2.999 billion barrels. At this level, OECD commercial oil stocks were 299 million barrels above the five-year average, OPEC said.

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Ford launching major new product push in Europe; fuel economy and 1.0L EcoBoost engine; first Ford full hybrid car for Europe

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At a “Go Further with Ford” event in Amsterdam, Ford Motor Company detailed plans for an aggressive product acceleration in Europe, targeting opportunities for growth in the large car, SUV and commercial vehicle segments while emphasizing fuel economy and enabling technologies such as the EcoBoost engines. Commercial vehicles.

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Volkswagen Group delivers more than 10M vehicles in one year for first time

Green Car Congress

city car to heavy commercial vehicles. —Group Board member for Sales Christian Klingler. Including the figures for heavy commercial vehicles, Group brands delivered a total of 3.95 (3.75; +5.1%) million vehicles to customers on the overall European market in 2014. In total, 10.14