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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. There is to be an additional, second step in the cooperation between the parties with a view to developing the model range and growing product sales volumes. Supply of Volkswagen 2.0 TDI engines.

Russia 186
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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 ).

Russia 150
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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

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%). The sales revenues of the Volkswagen Group and of the Passenger Cars and Commercial Vehicles Business Areas is expected to grow by up to 4% year-on-year in 2017.

2016 150
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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. In September 2019, Hyundai and Kia also invested in IONITY, Europe’s largest high-power electric vehicle charging network, and set the stage for sales expansion of EVs within Europe.

Kia 259
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Volkswagen Passenger Cars grows January deliveries by 4.8% to 515,700 vehicles; 52% to China

Green Car Congress

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 brand recorded a further 13.7%

China 218
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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. —Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand. Volkswagen Passenger Cars grew deliveries yet again in April.

China 225
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Volkswagen Passenger Cars delivers more than 3M vehicles in first half year for first time

Green Car Congress

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.