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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

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Volkswagen Passenger Cars brand delivers almost 2M vehicles globally in period to April; 46% to China

Green Car Congress

The company handed over 45,800 (49,500; -7.4%) vehicles to customers in Russia during the same period. However, the global market is still a mixed bag and therefore remains challenging. —Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand.

China 225
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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

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

Green Car Congress

Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK. With the rapid global growth in online shopping, the volume of light commercial vehicles in urban areas has increased.

Kia 259
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Volkswagen Passenger Cars delivers more than 3M vehicles in first half year for first time

Green Car Congress

The situation on global markets will remain challenging in the second half of the year and will keep us very much on our toes. — Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand. 67,400 (77,300; -12.8%) units were handed over to customers in Russia.

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Is A Second OPEC Cut In The Cards?

Green Car Congress

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Global oil supplies plunged nearly 1.5 by Tsvetana Paraskova for Oilprice.com. But resurgent U.S.

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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

Green Car Congress

The total European car and CV market, including Russia, is expected to grow 20 percent in the next five years to 23 million vehicles. While others are backing off or cutting product investments, we at Ford are accelerating the introduction of new products, leveraging our One Ford global strengths. and planned for sale in 2014.