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Thailand sees collapse of car sales this year

2015-10-06 11:18:30| Auto Dealers - Topix.net

Thailand's industry-wide auto sales might slump up to 15 percent this year and deliver a third consecutive year of negative growth, according to the Thai subsidiary of Japan's Toyota Motor Corp. The company had initial expectations that called for a positive turn of events - with new vehicle sales soaring 4.3 percent this year to a total of about 920,000 units - but was forced to modify its estimate in July to just 800,000 autos and now on Monday it further cut the range from 750,000 to 760,000 vehicles. "The domestic economy has been for us for a while.

Tags: year sales car thailand

 

Some Chevy Volts will be self-driving next year

2015-10-06 04:56:17| Automakers - Topix.net

Visitors to GM's technical development campus next year might get a ride from a fleet of autonomous 2016 Chevy Volt extended range vehicles. The 2016 Chevrolet Volt hybrid car is presented at the North American International Auto Show earlier this year in Detroit.

Tags: year volts chevy selfdriving

 
 

Rough year for ETF performance

2015-10-05 22:29:43| Semiconductors - Topix.net

Just 10% of ETFs are posting positive returns year-to-date, down from 66% one year ago, reports Bloomberg. Just seven ETFs have returns above 10% YTD versus 114 at this time last year.

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Ocado announce 700 new jobs as it confirms Andover distribution centre to open early next year

2015-10-05 13:46:58| Grocery - Topix.net

AN online supermarket has announced that it will be creating 700 permanent new jobs in Andover as it confirms that plans are on track for a distribution warehouse to be opened in the town early next year. Ocado have confirmed that the highly advanced distribution warehouse is to be based on the Walworth Business Park and it will be home to 95 delivery vans, a dedicated tractor park and 22 trailers.

Tags: next year open jobs

 

RPT-U.S. hedge funds brace for worst year since financial crisis

2015-10-05 07:52:31| Biotech - Topix.net

U.S. hedge funds are bracing for their worst year since the 2008 financial crisis after a dramatic sell-off in healthcare and biotechnology stocks triggered double-digit losses for some prominent players last month. September's sucker punch in the biotech sector, on top of a grim August when global markets tumbled due to fears about slowing growth in China, have pushed many hedge fund managers deep into the red.

Tags: year financial funds worst

 

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