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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 In 2016, the Group’s earnings before and after tax, amounting to €7.3 Before special items, the Group’s operating result reached a new record and at €14.6

2016 150
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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

Green Car Congress

The existing conventional generation, global energy trading, and exploration and production businesses will be combined in a new, independent company (“New Company”), a majority of which will be spun off to E.ON has established leading positions in conventional power generation in Europe and Russia. SE shareholders. —E.ON

Power 244
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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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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Profitability parity is evidenced by the fact that last year earnings-before-income-taxes (EBIT) margins for automakers globally clustered in a tight band ranging from 4.3% This will put unprecedented pressure on all players to pick the right business models, the right legal and capital structures, and the right partners.