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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. By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. 4 are coming to Brazil As a fast-growing car market, South America is of strategic importance to Volkswagen. and the ID.

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GM Creates New South America Regional Organization

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General Motors is creating a new regional organization to meet rising customer demand in South America. GM South America will be headquartered in Sao Paulo, Brazil and will be led by Jaime Ardila, currently president and general manager GM Mercosur. GM South America currently has 29,000 employees.

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SAIC-GM-Wuling to Export Mini-Commercial Vehicles to South America, Middle East and North Africa

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GM’s SAIC-GM-Wuling joint venture signed a framework agreement with GM’s former Latin America, Africa and Middle East operations and distribution agreements with individual countries to export and distribute two of its most popular mini-commercial vehicles from China to markets in South America, the Middle East and North Africa.

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GM begins market positioning for Cruze Diesel in 2013; small displacement diesels to “fill an important niche”

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turbodiesel engine on Cruze—one of the top-selling gasoline-powered cars in the US in 2011 and General Motors’ best-selling model globally—will establish Chevrolet as the only domestic automaker offering an American-manufactured diesel-powered compact car with a European-American developed engine. Earlier post. ).

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Volvo Group launches Quester heavy-duty truck range for growth markets

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UD Trucks, part of the Volvo Group, launched Quester, a new heavy-duty truck range developed specifically for growth markets. UD Trucks has served the Japanese market, and exported trucks to markets across Asia, Africa, South America and the Middle-East for many decades.

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Volkswagen Group nearly doubles BEV deliveries in 2021 to 452,900 units; 5.1% of total deliveries

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The Group is the European market leader for battery-electric vehicles by a large margin and achieved the second-largest share of the key US market with about 7.5%. Demand for BEVs was even somewhat stronger in Germany, the Group’s home market, where battery-electric vehicles made up 11.4% These now account for 5.1%

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MAN Truck & Bus will offer an eBus chassis for the global market; NMC and LFP battery options

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MAN Truck & Bus will in future be offering an eBus chassis for the global market. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the global market. The eBus chassis will be produced at MAN’s plant in Starachowice, Poland, where the Lion’s City E is also manufactured.

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