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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.

Russia 186
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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
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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

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) of the special items arising from known risks in the reporting period was attributable to the diesel issue, especially for hedging of legal risks.

2016 150
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The Case for Nuclear Cargo Ships

Cars That Think

Department of Energy commissioned the American Bureau of Shipping to conduct a study, recently concluded, to identify suitable reactors for a merchant ship and describe R&D challenges that would have to be overcome before nuclear-powered shipping could become a commercial reality. Why nuclear-powered ships? Why nuclear-powered ships?

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Autonomous driving tech faces geopolitical ‘winter’ on road to mainstream – ET Auto

Baua Electric

Its CTO, Gilles Mabire, is not surprised that Autonomous Driving is taking longer than expected in hitting the market, as the expectations may have also been built on comments made by industry leaders who may have been smitten by the hype. “On However, ADAS is a hot trend in the local market. German major Continental is one among them.

Auto 52
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

Digitalization and the field of mobility services in particular offer high earnings potential, said Müller, adding that the Group will soon form a legally independent, Group-wide company to promote business in the mobility services of the future with the necessary speed, entrepreneurial focus and the required agility. billion in total.

2015 150
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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

Green Car Congress

BASF and Russia’s Gazprom signed a legally binding basic agreement to swap assets of equivalent value. The partnership in the area of the construction, operation and marketing of natural gas pipelines will continue unchanged. Especially the production of oil and gas in Russia and the northern North Sea is to be expanded.

Gas 218