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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world. To this end, we are investing one billion euros in South America by 2026.

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Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

Green Car Congress

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. Production based on BMA will be launched in EU, Eastern Europe, Africa, South America, Middle East and Southeast Asia.

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Plastic Omnium Intends To Take Full Ownership of Plastic Fuel Systems Supplier Inergy Automotive

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By acquiring a controlling interest in Inergy Automotive Systems, Plastic Omnium would strengthen its position as a key player in reducing automobile emissions, it said. Inergy Automotive Systems is an equal share joint venture of Plastic Omnium and Solvay.

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NYU-BMW i report explores future urban mobility; sustainability and resilience

Green Car Congress

Thirty urban areas with populations of at least 2 million that are projected to experience the fastest growth between 2006 and 2020 are heavily concentrated in South Asia and Africa, with some located in the Middle East and South America. No European or North American cities make that list. Technology, design and connectivity.

BMW 366
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Volkswagen Group global deliveries up 4.8% in 1st 3 quarters to 7M vehicles

Green Car Congress

On the American continent, deliveries from January to September in the North America region grew by 9.2% The Volkswagen Group delivered 681,200 (-9.4%) vehicles to customers in the South America region during the same period, of which 503,100 (-12.3%) were handed over in Brazil. to 355,500 vehicles.

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Mazda and Sumitomo to establish vehicle production plant in Mexico and sales company in Brazil

Green Car Congress

The Mexico production facility will be established as a compact vehicle manufacturing hub mainly for Central and South America, and will include both vehicle and engine assembly plants. Currently, Brazil is the world’s fourth largest automobile market following China, the United States and Japan. million units.

Mazda 199
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Hitachi Automotive Systems, Keihin, Showa, and Nissin Kogyo begin operations as Hitachi Astemo; CASE-driven mobility solutions

Green Car Congress

As a global mega-supplier, Hitachi Astemo will create advanced mobility solutions in its core businesses of powertrain systems, chassis systems and advanced driver assistance systems for both automobiles and motorcycles.