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Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

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The Volkswagen Group will invest around €51.6 billion), the Group will spend most of the total amount to be invested in property, plant and equipment in the Automotive Division on modernizing and extending the product range of all its brands. billion) in the period 2011 to 2015. billion (US$76.5 billion (US$14.1 billion (US$37.9

Future 199
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CCID Consulting estimates upsurge in aluminum for automobile bodies in China if technical breakthroughs in alloy performance and application technology are made

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China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobile manufacturing by 2015. The sales volume is expected to reach 25.287 million by 2015.

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European truck manufacturers call for action to prevent aftermarket manipulation of NOx emissions controls

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In the wake of a report by the German television station ZDF identifying widespread aftermarket manipulation of NO x emissions control technologies on trucks, the European Automobile Manufacturers’ Association (ACEA) is calling for government action to preclude such manipulation.

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

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Dongfeng is one of the leading vehicle company groups in the world. In July 2015, NEVS began working with Dongfeng on complete vehicle development projects to enhance Dongfeng’s technical strength and improve NEVS’ own development capability. million in the first half of 2015. —Mattias Bergman, President, NEVS.

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Volkswagen AG timeline on diesel emissions scandal

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For this purpose, the company decided to develop a new diesel powertrain unit with the EA 189 type diesel engine that featured high performance and cost-efficient production. This software modification required a selective but significant modification of the existing engine management software.

Diesel 150
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European automakers and fuel suppliers argue for diesel as they call on policy makers to accelerate fleet renewal

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European vehicle manufacturers and their suppliers, in cooperation with the refining industry, lead the world in the development of state‐of‐the‐art diesel engine technology. We have introduced high‐efficiency diesel engines and diesel particulate filters that eliminate almost all particle emissions from the exhaust tailpipe.

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Bain: Germany’s goal of 1M electric cars by 2020 is unattainable; fewer than 50,000 units on road by end of this year

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By the end of 2015, there will be a total of about 50,000 electric cars and plug-in hybrids on the roads in Germany (about 75% below plan); nevertheless, structural transformation towards electromobility is continuing, according to the firm. Klaus Stricker, Head of Global Automotive Practice Group at Bain & Company.

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