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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

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Ford Motor Company and Volkswagen AG are expanding their global alliance to include electric vehicles—and will collaborate with Argo AI to introduce autonomous vehicle technology in the US and Europe. Volkswagen started developing its MEB architecture in 2016, investing approximately $7 billion in this platform. Earlier post.).

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IHS Markit: average age of light cars and trucks in US rises again in 2016 to 11.6 years; record number in operation

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years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. This represents the highest annual increase the auto industry has seen in the US since it began tracking VIO growth, breaking the record of 2.1% million (2.4%) since last year. growth set in 2015.

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Volkswagen Group appoints new heads of Global R&D, Group Design, Group Product and Modular Toolkit Strategy

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The number of top managers reporting directly to the CEO has been almost halved, and new appointments to several posts will take effect in the first quarter of 2016. He was appointed Board Member for Engineering at Bentley in 2003 before taking over as Managing Director of the German Association of the Automotive Industry in 2012.

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IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

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—Mark Seng, director, global automotive aftermarket practice at IHS Markit. This represents one of the highest annual increases the US auto industry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% growth in 2016. growth in 2016. million (2.2%) since 2018. —Mark Seng.

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Solazyme expanding renewable oil production capacity with JV partner Bunge, signs strategic collaboration agreement with ADM

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Separately, Solazyme and Archer-Daniels-Midland Company, a leading global agricultural processor, signed strategic collaboration, manufacturing and market development agreements in which Solazyme and ADM will produce Solazyme’s tailored algal oils in ADM’s advanced fermentation plant at Clinton, Iowa. Solazyme, Inc., Earlier post.).

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Uber launches self-driving pilot in San Francisco with Volvo Cars

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This marks the next phase in a deepening alliance between Volvo and Uber after the two companies signed an agreement in August 2016 to establish a jointly-owned project to build base vehicles that can be used to develop fully autonomous driverless cars. Earlier post.) These cars were initially tested in Pittsburgh, Pennsylvania.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. in 2015 and 2016 respectively).

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