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Volkswagen and Toyota stop production of vehicles in Russia

Green Car Congress

Against the background of the Russian attack on Ukraine and the resulting consequences, the Group Board of Management of Volkswagen AG has decided to stop the production of vehicles in Russia until further notice. Toyota in Ukraine (sales and after sales operations; 37 retail locations) stopped all activities as of 24 February.

Russia 284
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Ford suspending JV operations in Russia

Green Car Congress

As part of the global community, Ford is deeply concerned about the invasion of Ukraine and the resultant threats to peace and stability. —Ford Motor statement. The company noted that while it has no significant operations in Ukraine, it does have a strong contingent of Ukrainian nationals working at Ford around the world.

Russia 283
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EIA: US exported record amounts of petroleum products in the first half of 2022

Green Car Congress

High demand and low inventories globally, along with economic sanctions against Russia and self-sanctioning by some firms after Russia’s full-scale invasion of Ukraine in February, have disrupted global distillate trade. Most of the growth in propane exports in the first half of 2022 went to Europe.

Russia 284
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Interview: Arnd Franz, Chairman and CEO, Mahle Group | Autocar Professional

Baua Electric

Mahle – the global piston specialist for internal combustion engine has pivoted to EVs, but the company believes the role of internal combustion engine will endure way beyond 2050. Share your thoughts on the Indian market. There’s a lot of positive energy, and we’re enthusiastic about India’s future growth. We’ve been here since 1958.

India 52
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LKAB identifies Europe’s largest deposit of rare earth metals in Lapland; Per Geijer

Green Car Congress

This would be sufficient to meet a large part of the EU’s future demand for manufacturing the permanent magnets that are needed for electric motors in, among other things, electric vehicles and windpower turbines. to a couple of kilos per vehicle, depending on the size of the motor and permanent magnet.

Europe 259
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Toyota Europe Q1 hybrid sales up 82.3% for 20% of total sales; Auris Hybrid the leader

Green Car Congress

Toyota Motor Europe (TME) posted 2013 first quarter sales of 197,309 Toyota and Lexus vehicles in Europe. Cumulative sales of Toyota and Lexus full hybrid models in Europe since 2000 reached 544,184 units at the end of March 2013, contributing to some 10% of Toyota’s global full hybrid sales. fall in the market overall.

Toyota 311
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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

& "The major players in the global economy, Europe, the U.S. With the global situation looking increasingly hectic and economies in varying degrees of disarray, there are a lot of questions about the future landscape of business. Like many Western nations, Germany cut ties with Russia when war broke out in Ukraine.