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. Additionally, Volkswagen Truck & Bus signed a letter of intent with GAZ Group which will enable the companies to identify the possibilities for a long-term strategic partnership. Market Background Russia Vehicle Manufacturers

Opinion: Is Russia Plotting To Bring Down OPEC?

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by Dalan McEndree for Oilprice.com. President Putin’s recent moves in the Middle East—to shore up Bashar al-Assad’s regime in Syria through deployment of combat aircraft, equipment, and manpower and build-out of air-, naval-, and ground-force bases, and the agreement in the last week with Iran, Iraq, and Syria on intelligence and security cooperation—could contribute to Russian efforts to combat the myriad negative pressures on Russia’s vital energy industry.

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

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Sales revenue in fiscal year 2016 rose by €4.0 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 Overall, growth in global demand for new vehicles will probably be slower than in the reporting period.

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

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The Volkswagen Passenger Cars brand delivered almost two million vehicles for the first time in the first four months of a year, 46% of them to China. The company handed over 45,800 (49,500; -7.4%) vehicles to customers in Russia during the same period. —Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand.

2014 78

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

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Despite a decrease in sales in North America, the Volkswagen Passenger Cars brand delivered more than three million vehicles in the first half year for the first time. — 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.

2014 76

Volkswagen Passenger Cars grows January deliveries by 4.8% to 515,700 vehicles; 52% to China

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increase in sales year-to-year there. The results marked the first time Volkswagen Passenger Cars has started the year with deliveries in excess of half a million, said Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand. The sales situation in Europe regained momentum in the first month of the year.

2014 76

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

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We are also making good progress with our other main goals: return on sales, customer satisfaction and top employer. —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. This means the brand has doubled deliveries since 2004, and topped the six-million mark for the first time.

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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

No party for Citis owners: You and me FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- When gas was topping $4 a gallon last summer, the urgency to find alternative sources of energy to power cars and trucks became clear to most Americans. But with oil prices toppling since, the push for new energy technologies is being shoved aside by the nations other economic woes. will be competing for the same finite supplies of oil and gas.

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VW Passenger Cars delivers record 5M+ vehicles January-October worldwide; 45% to China

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Volkswagen Passenger Cars set a new delivery record for January – October, handing over more than five million vehicles to customers for the first time. Developments in Western Europe, where the new Passat will go on sale in the coming weeks, remained positive. As a result, we are on track to deliver more than six million vehicles for the first time. The company delivered 103,100 (129,900; -20.6%) models in Russia.

2014 76

Volkswagen Group outselling GM in China

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The Volkswagen Group is having a very strong sales year so far in China. For September, deliveries were up 20.1% For the nine-month period from January to September, VW Group deliveries were up 10.7% For the first nine months of 2016, retail sales by GM and its joint ventures in China increased 9% on an annual basis to a record 2,718,315 units. compared with the previous year; Chin accounted for 40.3% —Fred Kappler, Head of Group Sales.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

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Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk expects China to make the largest contribution to global sales growth for new vehicles, with an anticipated 16% increase over 2011. for the luxury segment and 17.1%

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Volkswagen Group: 10-million vehicle sold mark for 2014 within reach; China largest single market

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The Volkswagen Group has delivered more than nine million vehicles from January to November for the first time ever this year. The ten million mark is within reach in spite of all the uncertainties in the global automotive sector ,” Christian Klingler, Group Board Member for Sales, said in Wolfsburg. 240,700 (276,200; -12.9%) models were handed over to customers in Russia.

2014 76

Nissan launches expanded strategy for Brazil with new $1.4B manufacturing plant; Renault boosting production capacity there by 100,000 units

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The Brazilian factory, scheduled to begin production in the first half of 2014, will have the capacity to produce up to 200,000 units annually of Nissan’s ‘V’ platform products for sale in Brazil. The new plant is a major step in Nissan’s strategy as a leading automaker in the fast-growing BRIC (Brazil, Russia, India and China) markets. Since 2001 Nissan has grown its presence and volumes in Brazil, Russia, India and China from less than 50,000 units to nearly 1.2

Is A Second OPEC Cut In The Cards?

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by Tsvetana Paraskova for Oilprice.com. But the market has already priced in this high compliance, and although oil prices jump for a few hours on every report of ‘extraordinary efforts’ and reassurance that members will strive for ‘full conformity’, they are stuck in a narrow band, kept in check by U.S. A key upside driver for prices would be an extension of the OPEC deal beyond its original expiry date at the end of June.

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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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The Focus Electric will go on sale early next year. The Ford Mondeo Hybrid will be Ford’s first full hybrid-electric vehicle for Europe. The European market holds potential for profitable growth that’s clouded at the moment by the economic crisis. and planned for sale in 2014.

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