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Volvo Cars to post big Chinese losses for 2012: report
Volvo Cars, owned by the Chinese auto maker Geely, is expected to post heavy losses in 2012 in China where sales were weaker than expected while investments were substantial, daily Svenska Dagbladet reported Thursday. ... more
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Locata Positioning will Underpin Future Crash Avoidance Research
Locata Corporation has announced that the Insurance Institute for Highway Safety (IIHS) plans to install a Locata network as the core positioning technology in a $30 million upgrade soon to be under ... more
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World car firms see China market as saviour
Global auto makers will flock to China's premier car show, affirming its importance as the world's largest vehicle market and the saviour of an industry pummelled by European and US economic woes. ... more
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Canada: Chinese energy investment welcome
The Canadian government said it is open to more investment from Chinese energy companies. ... more
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