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

Green Car Congress

Arrival’s scalable electric platform can be adapted for multiple vehicle categories and types which Arrival, Hyundai and Kia will explore for the development of a range of Purpose Built Vehicles (PBV). 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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Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Ford began producing cars in Russia in 2002. Earlier post.).

Russia 186
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Ford and Sollers form new JV in Russia; letter of intent for $1.4B in long term financing

Green Car Congress

Ford Motor Company and Sollers OJSC have signed agreements to establish a 50-50-owned joint venture in Russia. The new joint venture also announced the Ford Transit medium commercial vehicle will be among several new Ford products to be built by Ford Sollers.

Russia 199
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Westport partners with GAZ Group on new CNG medium-duty vehicle range

Green Car Congress

and GAZ Group, the leader of the Russian commercial vehicles market, signed a multi-year development and supply agreement for a new range of GAZ Group medium-duty compressed natural gas (CNG) commercial vehicles. The first products will be introduced in commercial production in 2014. Westport Innovations Inc.

Russia 199
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Renault’s new 2017-2022 plan: 8 EVs, 12 electrified models, 15 autonomous models

Green Car Congress

million units2 sold in 2016, as the company expands its product range, including in LCV and new electric vehicles and builds on success of its global access range. Expanded Russia presence through Renault and investments in AVTOVAZ (Lada). Expanding the group’s already successful Global Access range.

2017 150
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

The operating return on sales before special items was in the expected range, at 6.0%. This means that Volkswagen is still within the expected range. The sales revenue of Volkswagen Commercial Vehicles rose to €10.3 (9.6) For example, Russia and Brazil remain problematic for all car manufacturers. billion in total.

2015 150