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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. Vehicle exports to Russia will also be stopped with immediate effect.

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Ford suspending JV operations in Russia

Green Car Congress

Ford announced that it is suspending JV operations in Russia, effective immediately, until further notice. The situation has compelled us to reassess our operations in Russia. —Ford Motor statement.

Russia 283
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Toyota Motor Europe’s market share climbs to record 7.5% in first 9 months; Toyota brand 66% electrified sales, Lexus 79%

Green Car Congress

Toyota Motor Europe (TME) reported sales of 813,547 Toyota and Lexus vehicles, a decrease of -6% year-on-year but still outperforming the European automotive market which fell by -16% over the same period. TME’s market share increased to a record 7.5%, marking an increase of +0.8% points compared to the same period in 2021.

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Nissan to begin production of Pathfinder hybrid in Russia; importance of Russian market

Green Car Congress

Nissan launched its Pathfinder range in the Russian market at the Moscow Motor Show. Nissan’s all-new fourth-generation Pathfinder—which will be built in Russia—will be available with a standard 3.5L liter gasoline engine and an electric motor paired with a compact Li-ion battery. Earlier post.)

Russia 300
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EVs, influencers and riot police: Our man Iain Curry on the ground at the Beijing Motor Show

EV Central

My 2024 Beijing Motor Show gets off to an inauspicious start. The transfer bus takes three hours to move 50km, finding our entry gate adds another 60 minutes, I’m asked for my passport before being allowed near a much needed toilet, and why the hell are riot police with perspex shields at a motor show? No grille, no problem.

Motors 101
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Hyundai Motor to accelerate transition into smart mobility solution provider

Green Car Congress

Hyundai Motor Company announced an updated roadmap for its future business Strategy 2025 at the 2020 CEO Investor Day’ forum held virtually in Seoul. Hyundai Motor also unveiled its mid- to long-term financial goals, which include an investment of KRW 60.1 Hydrogen fuel cell systems. Updated Strategy 2025. Urban Air Mobility (UAM).

Hyundai 360
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GM scaling back in Russia; Opel out by December, Chevy to minimize presence

Green Car Congress

General Motors announced plans to change its business model in Russia. GM will focus on the premium segment of the Russian market with Cadillac and US-built iconic Chevrolet products such as the Corvette, Camaro and Tahoe. This decision avoids significant investment into a market that has very challenging long-term prospects.

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